Nabard has withdrawn a planned three-year bond sale scheduled for Friday, citing weak investor demand that would have forced higher borrowing costs. The lender targeted ₹7,000 crore, including a ₹5,000 crore greenshoe option, but received bids worth only about ₹3,030 crore. Dealers estimate yields could have been about 7.79% for the base amount and as high as 8.04% if all bids were accepted. Since few expected Nabard to accept 8%, bidding stopped around ₹3,000 crore.
NABARD has acquired leasehold rights to a prominent two-building commercial campus in Mumbai’s Bandra-Kurla Complex from MTNL in a Rs 350.72 crore deal. The property spans nearly two-thirds of an acre with about 43,287 sq ft of built-up area across two buildings. An initial 80-year lease granted in 1998 runs until around April 2078; after MMRDA approvals, NABARD receives the remaining nearly 52 years. Registration in May attracted stamp duty of over Rs 21 crore.
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India is exploring a centralized back-office tech hub for Regional Rural Banks (RRBs) to accelerate digital services while tightening cybersecurity and compliance. National Bank for Agriculture and Rural Development may lead, using shared digital platforms, analytics, common procurement and knowledge exchange with sponsor banks. The move follows concerns flagged in a high-level meeting chaired by Finance Minister Nirmala Sitharaman about AI-driven weaponisation of software vulnerabilities. RRBs reported ₹7,720 crore consolidated net profit in nine months of FY26, alongside faster loan growth.
NABARD has launched a Rs 2.62 lakh crore credit plan for Delhi aimed at inclusive growth across the National Capital Territory. The initiative focuses on tailored development pathways to improve access for MSMEs, including a proposed shift toward smaller “nano” and “mini” unit models designed to widen credit reach and support balanced regional development.
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