NABARD

The government has approved long-awaited wage and pension revisions for employees of public sector insurance companies, the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI), providing significant relief to thousands of current and retired staff. The decision aligns compensation structures with evolving economic conditions and inflationary trends, while addressing long-pending demands from employee unions.

The National Bank for Agriculture and Rural Development (Nabard) is preparing to raise its maiden external commercial borrowing (ECB) in the financial year 2025–26. This move is aimed at diversifying its funding base and tapping into international capital markets to support rural credit expansion. As the apex development finance institution for agriculture and rural infrastructure, Nabard has historically relied on domestic sources such as bonds and deposits.