The National Bank for Agriculture and Rural Development (NABARD), the apex financial institution for rural finance, will raise up to Rs 5,000 crore through issue of secured, redeemable, non-convertible bonds for the financial year 2015-16.
"NABARD is proposing fund raising through issue of secured, redeemable, non-convertible bonds up to Rs 5,000 crore for the financial year 2015-16," the agency said in a BSE filing.