Sunday, October 19, 2008

India Post / NABARD credit disbursal

A news item dated 29th September 2008 mentioned that, NABARD - National Bank for Agriculture and Rural Development has teamed up with India Post, the postal service of Govt. of India, to distribute microcredit to self help groups.

However, a later news item, dated 7th October 2008, says NABARD has backed off, at least temporarily, pending resolution of who shares the risks.

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