Nabard balance sheet grows 24% to ₹6.57 lakh crore in FY21
The Hindu
In the financial year 2019-20, its balance sheet stood at ₹5.32 lakh crore
National Bank for Agriculture and Rural Development (Nabard) on Tuesday reported a 24% growth in its balance sheet to a record high of ₹6.57 lakh crore in the financial year ended on March 31, 2021. In the financial year 2019-20, its balance sheet stood at ₹5.32 lakh crore. “In FY 2020-21, we have given a stellar performance. We closed the business at ₹6.57 lakh crore, recording a growth rate of 23.5%. This is an all-time high,” Nabard Chairman G.R. Chintala told reporters.
Bitcoin’s march toward $100,000 made further ground on Thursday as the coin crossed $95,000.
Billionaire Gautam Adani indicted in New York for bribery and fraud scheme, impacting Adani Group's financial plans.
SEC charges Adani Group chairman with defrauding American investors and bribing officials in multi-billion-dollar solar energy project scheme.
Country Club Hospitality and Holidays Ltd clears ₹600 crore debt, explores global partnerships, franchise model for growth and expansion.
Steel Secretary addresses concerns over cheap steel imports from FTA nations, highlighting challenges faced by domestic industry.
Stock markets in India closed for Maharashtra elections, with a bounce back in domestic indices observed on Tuesday.
The sensor systems for vehicles in India are all imported. Nothing is made in India though they are engineered at a sustainable low cost, said ISRO Chairman S. Somanath.
Donald Trump's proposed tariffs on Chinese imports could impact global trade, inflation, and economic growth.
Evernorth Health Services opens global capability centre in Hyderabad, plans to hire 300 more employees by April.
Tata Power partners with Bhutan's DGPC to develop 5,000 MW clean energy capacity, strengthening regional clean energy sector.
Rupee closes flat against dollar amid geopolitical tensions, domestic market optimism; traders eye upcoming data and elections.