ADB receives ISO: 27001 certification; raises standards to global status

ADB receives ISO: 27001 certification; raises standards to global status

The Agricultural Development Bank has earned the International Organisation for Standardisation (ISO) 27001; 2013 Certification following a rigirous process by PECB Group based in Canada. The Managing Director of the Bank, Dr. John Kofi Mensah disclosed that the certification process started last year and succesfully completed the certification process last month as part of its […]

Loan agreement reached for Seti Hydropower Project

Loan agreement reached for Seti Hydropower Project

Hydropower project(Representative Photo) POKHARA: The Seti Hydropower Project under construction in Machhapuchhre Rural Municipality of Kaski has made a three thousand five hundred million rupees agreement with the leading banks and financial institutions recently. The project promoted by Vision Lumbini Power Promotion Company has reached in agreement with NMB Bank, Employees Provident Fund, and Agricultural […]

Punjab Agricultural Development Bank to waive penal interest of farmers

Punjab Agricultural Development Bank to waive penal interest of farmers

Chandigarh (Punjab) [India], October 21 (ANI): Punjab government has decided to waive penal interest to those farmers who will pay their entire defaulter amount or close their loan account in Punjab Agricultural Development Bank (PADB), by year-end. State Cooperation Minister S. Sukhjinder Singh Randhawa in a press briefing on Wednesday said that "entire outstanding penal […]

ADB decides to waive penal interest of farmers: Randhawa

ADB decides to waive penal interest of farmers: Randhawa

Chandigarh, Oct 21 (UNI) Keeping in view the Covid-19 pandemic and already precarious financial position of the farmers in the state of Punjab, the Punjab State Cooperative Agricultural Development Bank (PADB) has decided to waive penal interest to the farmers during the recovery campaign kharif 2020. It was disclosed by Cooperation Minister S. Sukhjinder Singh […]

China to establish agricultural reinsurance firm

BEIJING, Aug. 30 (Xinhua) — China’s top banking and insurance regulator has approved the establishment of a new agricultural reinsurance company to enhance financial service in the agricultural sector. The new reinsurance company, with registration capital worth 16.1 billion yuan (about 2.34 billion U.S. dollars), will be co-sponsored by nine institutions including the Ministry of […]