Authorized Capital of NABARD raised from 5000 crore rupees to 20000 crore rupees

The Union Cabinet of India gave its nod the raise the authorized capital of NABARD aiming towards for enlargement of its operations and activities.

Feb 8, 2013 12:11 IST
facebook IconTwitter IconWhatsapp Icon

The Union Cabinet of India on 7 February 2013 approved raise in the authorized capital of National Bank for Agriculture and Rural Development, Nabard to 20000 crore rupees from 5000 crore rupees.

The authorized capital was increased with the aim to enlarge the operations and broadening the activities of NABARD.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप