Podcast
Questions and Answers
What vision led to the incorporation of NABFINS in 1997?
What vision led to the incorporation of NABFINS in 1997?
To evolve a model microfinance institution serving the needy and disadvantaged sections for securing prosperity through accessible credit.
How many households has NABFINS extended its services to since its inception?
How many households has NABFINS extended its services to since its inception?
More than 28 lakh households.
What are the two business models utilized by NABFINS to operate?
What are the two business models utilized by NABFINS to operate?
Business and Development Correspondent (B&DC) model and Direct Lending (DL) Model.
What type of license did NABFINS obtain from RBI in 2015?
What type of license did NABFINS obtain from RBI in 2015?
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What was the growth percentage of NABFINS' disbursements during FY 2023-24 compared to FY 2022-23?
What was the growth percentage of NABFINS' disbursements during FY 2023-24 compared to FY 2022-23?
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What total amount did NABFINS disburse during FY 2023-24?
What total amount did NABFINS disburse during FY 2023-24?
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How does NABFINS support other institutions in reaching microfinance borrowers?
How does NABFINS support other institutions in reaching microfinance borrowers?
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What significant change did NABFINS make in its long-term strategy?
What significant change did NABFINS make in its long-term strategy?
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What is the focus of the 'My Pad My Right- Phase II' project?
What is the focus of the 'My Pad My Right- Phase II' project?
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How much funding was sanctioned for projects during the 2023-24 period?
How much funding was sanctioned for projects during the 2023-24 period?
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What is one significant goal of the Sanitation project in tourist areas?
What is one significant goal of the Sanitation project in tourist areas?
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Which project aims to empower the transgender community?
Which project aims to empower the transgender community?
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What support does the ICT lab for differently abled children provide?
What support does the ICT lab for differently abled children provide?
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What is aimed at addressing malnutrition in tribal areas?
What is aimed at addressing malnutrition in tribal areas?
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What amount was utilized from the sanctioned budget during the 2023-24 period?
What amount was utilized from the sanctioned budget during the 2023-24 period?
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What is the focus of the Basuba Brooms Producer Company Limited?
What is the focus of the Basuba Brooms Producer Company Limited?
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In which area does the project FAC (FPO As CSC) operate?
In which area does the project FAC (FPO As CSC) operate?
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What overall impact do improved sanitation and drinking water facilities aim to achieve in schools?
What overall impact do improved sanitation and drinking water facilities aim to achieve in schools?
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What is the registration number of NABFOUNDATION on the NGO Darpan portal?
What is the registration number of NABFOUNDATION on the NGO Darpan portal?
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Name at least two activities that NABFOUNDATION plans to undertake as per its MoU with Adani Foundation.
Name at least two activities that NABFOUNDATION plans to undertake as per its MoU with Adani Foundation.
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What project’s trademark application was accepted by the Trade Mark Registry?
What project’s trademark application was accepted by the Trade Mark Registry?
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Which foundation is NOT mentioned as a corporate partner that NABFOUNDATION enhanced its outreach to?
Which foundation is NOT mentioned as a corporate partner that NABFOUNDATION enhanced its outreach to?
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Which law governs the trademark application accepted for the My Pad My Right project?
Which law governs the trademark application accepted for the My Pad My Right project?
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Identify one sector included in NABFOUNDATION's activities that focuses on development outside of traditional farming.
Identify one sector included in NABFOUNDATION's activities that focuses on development outside of traditional farming.
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What specific climate-related initiative is included in the MoU with Adani Foundation?
What specific climate-related initiative is included in the MoU with Adani Foundation?
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List one of the financial entities that NABFOUNDATION networks with for potential collaboration.
List one of the financial entities that NABFOUNDATION networks with for potential collaboration.
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What is the primary purpose of NABFOUNDATION's MOU with Adani Foundation?
What is the primary purpose of NABFOUNDATION's MOU with Adani Foundation?
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What is the significance of the NGO Darpan portal for NABFOUNDATION?
What is the significance of the NGO Darpan portal for NABFOUNDATION?
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What significant role has NSFL played in WASH funding according to the information provided?
What significant role has NSFL played in WASH funding according to the information provided?
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What recognition did NSFL receive in 2023 related to its contributions to WASH financing?
What recognition did NSFL receive in 2023 related to its contributions to WASH financing?
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What is the primary purpose of NABSanrakshan Trustee Private Limited established by NABARD?
What is the primary purpose of NABSanrakshan Trustee Private Limited established by NABARD?
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What financial initiative was launched on October 13, 2021, under NABSanrakshan and what is its corpus?
What financial initiative was launched on October 13, 2021, under NABSanrakshan and what is its corpus?
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Through what means does NSFL plan to enhance its outreach effectiveness in its focus segments?
Through what means does NSFL plan to enhance its outreach effectiveness in its focus segments?
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What are the two loans sanctioned by Nabkisan intended for?
What are the two loans sanctioned by Nabkisan intended for?
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How much credit guarantee was granted to FPCs during the year under the GoI's scheme?
How much credit guarantee was granted to FPCs during the year under the GoI's scheme?
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What distinguishes NABSAMRUDDHI Finance Limited's operations?
What distinguishes NABSAMRUDDHI Finance Limited's operations?
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What percentages of NSFL employees are women?
What percentages of NSFL employees are women?
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List one major focus area identified by NSFL for its operations.
List one major focus area identified by NSFL for its operations.
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What was the purpose of the WASH Summit organized by NSFL?
What was the purpose of the WASH Summit organized by NSFL?
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Who launched NSFL's Climate Ready WASH funding program?
Who launched NSFL's Climate Ready WASH funding program?
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What kind of projects did Nabkisan support, and what was their total value during the year?
What kind of projects did Nabkisan support, and what was their total value during the year?
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In what year was NABSAMRUDDHI Finance Limited incorporated?
In what year was NABSAMRUDDHI Finance Limited incorporated?
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What was a key outcome of the Sa-Dhan National Conference co-sponsored by NSFL?
What was a key outcome of the Sa-Dhan National Conference co-sponsored by NSFL?
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Study Notes
Atal Mission for Rejuvenation and Urban Transformation (AMRUT 2.0)
- Preparation of Detailed Project Reports (DPRs) taking place in West Bengal and Rajasthan.
- Project Management Consultants (PMC) appointed under Jal Jeevan Mission for Maharashtra and Karnataka.
- Third Party Inspection Agency (TPIA) functions under Jal Jeevan Mission in Madhya Pradesh, Rajasthan, and Maharashtra.
NABFINS Overview
- NABFINS Limited, a subsidiary of NABARD, was established in 1997 to support the economically disadvantaged through accessible credit.
- Entered microfinance lending in 2009 and acquired an NBFC-mFI license from RBI in 2015.
- Serves over 28 lakh households with total micro credit flow exceeding ₹13,966 crore at competitive interest rates.
- Utilizes two main operational models: Business and Development Correspondent (B&DC) and Direct Lending (DL).
NABFINS Performance (FY 2023-24)
- Disbursed ₹2,723 crore, marking a growth of 48% from FY 2022-23.
- Engaged in diverse initiatives:
- Financial literacy and inclusion programs.
- Health care and sanitation projects.
- Infrastructure improvements for disabled and tribal communities.
- Entrepreneurial support for the transgender community.
Ongoing Projects by NABFOUNDATION
- Continued efforts on previously sanctioned initiatives:
- My Pad My Right - Phase II in aspirational districts.
- Development of Basuba Brooms Producer Company.
- Strengthening Pashmina and Wool Value Chain in Ladakh.
- Building the Magahi Paan Value Chain.
- Project FAC (FPO As CSC) and NIRMAL JAL.
Financial Overview
- New project sanctions of ₹25.14 crore for 2023-24, with ₹2.59 crore utilized.
Additional Highlights
- NABFOUNDATION registered on the NGO Darpan portal with registration number MH/2023/0339637.
- Memorandum of Understanding (MoU) established with Adani Foundation for collaborative projects in various sectors.
- Trademark application for the My Pad My Right project accepted for publication.
- Strengthened partnerships with corporate entities like Bill & Melinda Gates Foundation and ICICI Bank Foundation.
NABKISAN Overview
- NABKISAN focuses on financing agriculture and rural sectors, achieving notable loan sanctioning for Agri Start-ups.
- Participated in GoI’s Credit Guarantee for FPO Financing scheme, granting credit guarantees amounting to ₹123.37 crore to 619 FPCs.
- Supported CSR projects worth ₹93 lakh during the year.
NABSAMRUDDHI Overview
- Established in 1997, NABSAMRUDDHI Finance Limited is an NBFC subsidiary of NABARD focused on non-agriculture sectors.
- Implements a branchless operational model, with a significant percentage (52%) of employees being women.
- Major focus areas include Green & Wellness finance, particularly Water Sanitation and Hygiene (WASH).
NABSAMRUDDHI Major Initiatives (FY 2023-24)
- Co-hosted the WASH Summit with Water.org to explore ESG aspects in WASH lending.
- Launched Climate Ready WASH funding program at Sa-Dhan National Conference on Inclusive Growth.
- Reached over 3 lakh beneficiaries across states and Union Territories through various funding models.
NABSanrakshan Overview
- Established on November 13, 2020, to support agriculture and rural sectors.
- Created specific Credit Guarantee Funds for Farmer Producer Organizations and Animal Husbandry.
- CGFT-FPO was launched with a ₹1000 crore corpus from the Department of Agriculture and NABARD to enhance FPO financing.
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Description
Test your knowledge on the Atal Mission for Rejuvenation and Urban Transformation (AMRUT 2.0) as well as the role of Project Management Consultants and Third Party Inspection Agencies under the Jal Jeevan Mission across various Indian states. This quiz covers key concepts and their implementations in West Bengal, Rajasthan, Maharashtra, Karnataka, and Madhya Pradesh.