The National Bank for Agriculture and Rural Development (NABARD) on September 29, 2026, issued Operational guidelines Credit Limits to StCBs/CCBs for Financing the Working Capital requirements of Primary / Apex / Regional Weavers Cooperative Societies.
NABARD has decided to broadly continue the existing operational guidelines for providing short-term credit limits to State Cooperative Banks and Central Cooperative Banks for financing the working capital requirements of Primary, Apex and Regional Weavers’ Cooperative Societies under Section 21(1) of the NABARD Act, 1981. The eligibility criteria applicable for the current financial year are specified in the Annexure to the circular.
The interest rate on NABARD’s refinance will be determined and revised from time to time and will be payable quarterly on July 1, October 1, January 1 and April 1, or upon repayment of the entire principal amount. The terms and conditions and quantum of refinance specified in Circular No. 73/DoR-23/2014 dated April 23, 2014, may also be revised accordingly. The operational guidelines are effective from April 1, 2026.
[Circular No. 223/DoR-65/2026]