NABARD Releases 50pc of Debt Waiver Claims to COOPs.

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Mumbai, Oct 16 (UNI) National Bank for Agriculture and Rural Development (NABARD) today said it had released more than 50 per cent of the claims to Co-operatives and RRBs under the Debt Waiver and Debt Relief Scheme 2008 of the Union Government.

NABARD Chairman U. C. Sarangi, in a release here, said that the Bank had released Rs.10,200 crore to those banks which have submitted certified audited claims.

The total amount in this regard will be Rs.17500 crore which will be released after receipt of certified claims from all the banks, he added.


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