Finance

The core activities are:

  • Project financing: Financial assistance in the form of long term loan and working capital loan to dairy cooperatives to meet their financial requirements.

  o Financial assistance for infrastructure activities, skill development, trainings, extension activities and awareness programmes
  o Working Capital Loan 

Perspective Plan has been discontinued with effect from 1 July 2015. NDDB will continue to fund the projects already sanctioned under the Perspective Plan and the repayment of loans under these projects will be as per the repayment schedule. 

  • Financial policies: Periodically review and advise management on the lending terms, interest rates, moratorium period, repayment terms and general & security documentation.
  • Financial surveillance: Analysis of financial statements submitted by dairy cooperatives is carried out and feedback is provided.  Need based reports are also provided to management and government.
  • Loan recovery: Monitoring of repayments of regular loan/ interest instalments.  Reschedule overdue loan instalments based on specific request of dairy cooperatives.  As a last option take recourse to legal proceedings in case of wilful defaulters. 
  • Decision support: Advise on eligibility criteria/lending terms etc. for new projects