Archive · 8 Jan 2026
Nabard Chairman to Escalate Employee Demands
The All-India Nabard Employees Association (AINBEA) met with the Chairman of Nabard, Shaji KV, to discuss their concerns.
They talked about problems like suicides caused by private money lenders, poor people struggling with debt, and the need for special funds from the Reserve Bank of India (RBI).
The Chairman agreed to help and said these funds are important to help poor people and small banks.
AINBEA also had a meeting outside the Nabard office to support their demands, including changing new labor laws they think are unfair.
AINBEA met with Nabard Chairman Shaji KV to discuss employee demands.
Key issues included suicides due to private MFIs, destitution of poor, and concessionary funds from RBI.
Chairman agreed to escalate demands and acknowledged the importance of RBI funds for poor welfare.
AINBEA organized a gate meeting to support demands, including scrapping new Labour Codes.
Concessionary funds are seen as crucial for improving RRBs and cooperatives to provide low-cost credit.
- Who
- All-India Nabard Employees Association (AINBEA) and Nabard Chairman Shaji KV
- What
- Discussion on employee demands and escalation to appropriate levels
- When
- January 8, 2026
- Where
- Mumbai, India
- Why
- To address issues including suicides due to private MFIs, destitution of poor, and concessionary funds
- Organization
- All-India Nabard Employees Association (AINBEA)
- Chairman
- Shaji KV
- Location
- Mumbai
- Household Debt
- 42% of GDP
- Key Issues
- Suicides due to private MFIs, destitution of poor, concessionary funds, wage settlement, Labour Codes