For the present NABARD finance projects only in association with full fledged commercial banks having good branch network all over the country providing normal banking facilities, such as, acceptance of deposits, transmission of funds and all other activities ancillary to banking as also meeting both the term loan and working capital requirements of the borrowing units. Co-financing with SIDBI and other development FI’s can also be considered provided a commercial bank is part of the consortium.
Co-financing with other institutions such as RRBs Cooperatives, NCDC, NAFED, NDDB may also be considered under this arrangements during the year 2007-08. |