Loans to State Governments for funding equity of Co-operative Credit Institutions
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NABARD provides long-term loans to state governments for contribution to the share capital of co-operative credit institutions subject to certain condition
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This is to facilitate strengthening of equity base of these credit institutions and improve their viability
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The maturity period of such loans is 12 years with a moratorium period of initial 2 years and repayment in 10 annual instalments
National Bank for Agriculture and Rural Development
