Money & Banking

RBI to provide ₹50,000-cr refinance to all-India financial institutions

Our Bureau Mumbai | Updated on April 07, 2021

Nabard, NHB, Sidbi to get ₹25,000 cr, ₹10,000 cr, ₹15,000 cr respectively

The Reserve Bank of India (RBI) will provide refinance aggregating ₹50,000 crore to All India Financial Institutions (AIFIs).

The National Bank for Agriculture and Rural Development will get ₹25,000 crore, National Housing Bank ₹10,000 crore, and Small Industries Development Bank of India ₹15,000 crore.

Also read: RBI sets up G-SAP for orderly G-Sec market

Published on April 07, 2021

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