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.
Authorized Capital of NABARD raised from 5000 crore rupees to 20000 crore rupees
By Jagran Josh
Feb 8, 2013, 12:11 IST
The Union Cabinet of India gave its nod the raise the authorized capital of NABARD aiming towards for enlargement of its operations and activities.
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