MoU Between NABARD and Bank of Maharashtra

21 July 2021 Current Affairs:Bank of Maharashtra and the National Bank for Agriculture & Rural Development (NABARD) has signed a Memorandum of Understanding (MoU)

♦ The MoU is to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra. It is on a collaborative approach to enhance rural prosperity through the convergence of institutional lending & ongoing development initiative. The MoU envisages joint initiatives for farmers, farmer producer organisations, joint liability groups, self-help groups, rural artisans, weavers, Agri-preneurs, Agri start-ups, micro, small and medium enterprises in the State.

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