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Nabard launches debit and credit guarantee product

August 24, 2020 By Shivanee Thote
Image source: Business Line

The National Bank for Agriculture and Rural Development (Nabard) has initiated a dedicated ‘Structured Finance and Partial Guarantee Program for Non-Banking Finance Companies (NBFC)-Micro Finance Institutions (MFIs)’, to safeguard the interest of the rural population hit by the pandemic. The program involves providing a partial guarantee on pooled loans offered to the small and medium-sized MFIs.

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News source: Business Line 

Update by Suman Mondal

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