Finance

Related Articles

Sectors

10 Year wise release of NCDC loans with Interest Rates (2020-21 to 2023-24)


Between 2020-21 and 2023-24, NCDC loan releases to Kerala showed fluctuations, rising from ₹295.53 crore in 2020-21 to a peak of ₹677.05 crore in 2022-23 before declining to ₹272.33 crore in 2023-24. Interest rates varied annually, generally ranging from 6.79% to 11.70%, with a slight upward trend in the upper range in recent years. The pattern indicates a surge in loan disbursement in 2022-23, possibly to support intensified cooperative activities, followed by a reduction in 2023-24.