Website portal address: www.nabsamruddhi.in
NABSAMRUDDHI Finance Limited was incorporated under Companies Act, 1956 on 17
February 1997 under the name of Agri Business Finance Limited and registered as
Non-Banking Financial Company with the Reserve Bank of India. It is
pre-dominantly a B2B finance NBFC subsidiary of NABARD, catering to the non-
agriculture sector with an ESG focus. It was promoted with equity participation
from the National Bank for Agriculture and Rural Development (NABARD), Union
Bank of India (erstwhile Andhra Bank), Canara Bank, Government of Andhra
Pradesh, Government of Telangana, and a few Industrial Houses/individuals from
the State.
Objectives
The objective of NABSAMRUDDHI is to provide credit facilities to legal entities
for promotion, expansion, commercialization, and modernization in non-farm
activities including microfinance, MSME, housing, education, transport, etc.
Focus Areas
During 2021-22, the strategy of the company was revisited whereby
Green & Wellness finance, Fabrics & Textiles and Handicrafts value chain were
identified as focus areas so as to give it a more distinct character. These
segments are aligned with NABARD’s mandate as well as National and Global
priorities. Water Sanitation and Hygiene (WASH), which is a major sub-segment
under Wellness finance, has emerged as a champion segment for the Company.
Financial Performance
| Particulars |
2021-22 |
2022-23 |
2023-24 |
| Share Capital |
123.82 |
123.82 |
123.82 |
| Assets under Management |
832.26 |
1114.25 |
1799.39 |
| Profit after Tax |
27.31 |
41.11 |
50.44 |
Types of Credit Facilities
1. Term Loan
2. Working Capital Term Loan
3. Structured Products –Pass through Certificates, PLI.
Interest Rate: As applicable from time to time based on the activity, borrower
category, risk perception, etc.
Download
Annual Report for 2022-23 (Link)
Contact Information
Bonani Roychoudhury
Managing Director
NABSAMRUDDHI Finance Limited
Ground Floor, ‘D’ Wing
C-24, ‘G’ Block
Bandra-Kurla Complex, Bandra (East),
Mumbai -400051
Tel No. 9208
Email Id: nabsamruddhi@nabard.org