NABSanrakshan Operations and CSR Projects

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Questions and Answers

What is the main benefit of issuing credit guarantee applications through the Credit Guarantee Portal?

Expanded geographical coverage

Increased collaboration with banks

Lower application fees

Faster processing of applications (correct)

Which project has been assigned to NABFOUNDATION by NABSanrakshan?

Partial Credit Guarantee Scheme for cardamom

Fisheries Infrastructure Development Fund

Strengthening educational facilities in Palghar (correct)

Kerala Climate Resilient Agri Value Chain Modernisation

Which schemes were popularized by NABSanrakshan at a pan-India level?

Kerala Climate Resilient Project and Educational Strengthening

Credit Guarantee Scheme and ELI Registration (correct)

Partial Credit Guarantee Scheme and Infrastructure Development Fund

Fisheries Extension Fund and Credit Guarantee Schemes

Who is the Settlor for the implementation of the Partial Credit Guarantee Scheme under the KERA Project?

Government of Kerala Signup and view all the answers

What is the approved duration for the extension of the Fisheries Infrastructure Development Fund?

FY 2025-26 Signup and view all the answers

What was a key focus of the capacity building workshops conducted for the banks?

Enhancing the coverage of the Credit Guarantee Scheme Signup and view all the answers

What type of materials were created to support the promotion of Credit Guarantee Schemes?

Pamphlets and publicity material Signup and view all the answers

How many banks were involved in the capacity building workshops conducted by NABSanrakshan?

11 Banks Signup and view all the answers

Which organization is NABSanrakshan acting as a trustee for under the KERA Project?

NABFOUNDATION Signup and view all the answers

What type of projects will benefit from the credit guarantee facility provided by NABSanrakshan?

Projects of entrepreneurs and individual farmers Signup and view all the answers

What was the total AUM of NABVENTURES Fund-I as of March 31, 2024?

INR 598 crores Signup and view all the answers

Which investee company has facilitated loans worth ₹ 3,000 crore?

Jai Kisan Signup and view all the answers

As of March 31, 2024, what percentage of the total corpus has been called as cumulative drawdown commitments?

61% Signup and view all the answers

Which company linked 90,000 rural Kirana stores through a technology platform?

Vilcart Signup and view all the answers

Which of the following companies is an approved partner for the digital soil health card scheme of GoI?

Krishitantra Signup and view all the answers

What is the total cumulative investment sanctioned since inception until March 31, 2024?

INR 320 crore Signup and view all the answers

How many states has Jai Kisan facilitated loans across?

11 Signup and view all the answers

What area does the app developed by Satyukt cover for its crop advisory?

4 Lac acres Signup and view all the answers

Which company connected 17.2 lakh farmers through its network of outlets?

Unnati Signup and view all the answers

What amount has been committed to investment by NABVENTURES for the fiscal year ending March 31, 2024?

INR 62 crores Signup and view all the answers

Study Notes

Operations

All credit guarantee applications processed via the Credit Guarantee Portal, increasing efficiency and reducing turnaround time.
NABSanrakshan initiated its first CSR project through NABFOUNDATION to enhance educational facilities at a primary school in Palghar District, Maharashtra.

New Products

In-principal approval received for the implementation of the Partial Credit Guarantee Scheme (PCGs) focused on rubber, coffee, and cardamom plantations under the KERA Project.
NABSanrakshan to act as Trustee with the Government of Kerala as Settlor for the mentioned scheme.
Government of India extended the Fisheries Infrastructure Development Fund to FY 2025-26, offering credit guarantees to projects of entrepreneurs, individual farmers, and cooperatives via NABSanrakshan.

Others

Focus on registering Eligible Lending Institutions and promoting schemes across India.
Capacity building workshops conducted for 11 banks to enhance coverage of the Credit Guarantee Scheme for Farmer Producer Organizations (FPOs).
Sessions organized by BIRD/NBSC and Regional Offices for capacity building.
Distribution of promotional materials, including pamphlets, to stakeholders.
Letters sent to all Regional Offices of NABARD to incorporate discussions about Credit Guarantee Schemes in meetings with relevant parties for broader promotion.

NABVENTURES

NABVENTURES operates as a venture growth equity fund investing in agri tech, food tech, rural fintech, and rural tech businesses at early to mid-stage.
Total Assets Under Management (AUM) of NABVENTURES Fund-I reached INR 598 crores as of March 31, 2024.
Investment commitments of INR 62 crore made in the fiscal year ending March 31, 2024.
Emphasis on supporting portfolio startups through follow-on investments.
Cumulative drawdown commitments since inception reached INR 365.72 crore, representing 61% of the total corpus.
Cumulative investments sanctioned since inception totaled INR 320 crore, equating to 60% of the deployable corpus.

Impact of Investee Companies

Jai Kisan facilitated loans of ₹3,000 crore within the food and agri-business value chain across 11 states.
Krishitantra enabled rapid soil testing for 100,000 farmers, recognized as a partner for the digital soil health card scheme of the Government of India.
Vilcart connected 90,000 rural Kirana stores across 67 districts in 23,000 villages in four states via a tech platform.
Unnati linked 17.2 lakh farmers through 83,569 outlets in 181 districts for farm input services and output aggregation.
An app by Satyukt provided tailored crop advisory for over 80 crops, utilizing real-time satellite and weather data across 200 partners, with implementation in 19 countries including India.

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Description

Explore the recent initiatives of NABSanrakshan including the processing of credit guarantee applications and their first CSR project aimed at enhancing educational facilities in Maharashtra. This quiz covers operational improvements and community engagement efforts in detail.