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MLC Wants Govt to Pay Addl Interest to NABARD
The New Indian Express Kalaburagi
|June 02, 2025
Congress MLC Dinesh Gooligowda has written to Chief Minister Siddaramaiah and Deputy CM DK Shivakumar to pay an additional interest rate of 4.25% to NABARD on behalf of the state Apex Bank, which will then be able to borrow higher amounts from the central agricultural institution.
The additional loan will enable the Apex Bank, DCC banks and primary societies to conduct business sustainably and provide necessary services to farmers. Every year, NABARD provides loans to DCC banks through the Apex Bank at low interest rates. DCC Banks p
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