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In May 2020, which of the following has disbursed ₹12,767 crores to State Co-operative Banks (StCBs) and Regional Rural Banks (RRBs) across the country?

In May 2020, which of the following has disbursed ₹12,767 crores to State Co-operative Banks (StCBs) and Regional Rural Banks (RRBs) across the country? Correct Answer NABARD

  • The National Bank for Agriculture and Rural Development (NABARD) has disbursed ₹12,767 crores to State Co-operative Banks (StCBs) and Regional Rural Banks (RRBs) across the country.
  • This has been done to augment their resources for extending credit to farmers during the ongoing lockdown.
  • There are 33 StCBs and 45 RRBs in the country.

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