Current Affairs - National - Discussion

National Bank for Agriculture and Rural Development (NABARD) released Rs.20,500 crore to co-operative banks and regional rural banks (RRBs) for on-lending. The disbursement to RRBs and Co-operative banks is the part of Rs.25,000 crore of special refinance plan which was approved by the Reserve Bank of India (RBI) to RRBs, Co-operative banks and Microfinance Institutions (MFIs).