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The National Bank for Agriculture and Rural Development (Nabard) has disbursed Rs 14,109 crore in Andhra Pradesh and Telangana during 2014-15.
This was 5.2 per cent higher than the previous year's disbursement and was also in excess of the target of Rs 14,074 crore, Nabard Chief General Manager Jiji Mammen told newspersons at a press conference here on Thursday.
"This was achieved despite odds such as state bifurcation, the Andhra Pradesh State Cooperative Bank's bifurcation and natural calamities," he said.
Of the total disbursal, Rs 6,200 crore was for short-term loans and Rs 4,812 crore for long-term investment.
Of the Rs 2,258 crore sanctioned under the Rural Infrastructure Development Fund, Rs 1,100 crore was disbursed.
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