MUMBAI: A new Rs 10,000-crore facility the central bank has offered to the National Bank for Agriculture and Rural Development (Nabard) and the National Housing Bank(NHB) to boost rural lending and affordable housing is expected to ease liquidity concerns at the bottom of the pyramid.  

The Reserve Bank of India on Thursday announced the additional special liquidity facility of Rs 5,000 crore each at its policy lending rate to Nabard and the NHB. Under this, small non-bank finance companies and micro-lenders, which extend small-sized loans to the poor, and housing finance companies focused on affordable lending are going to get liquidity assistance via Nabard and the NHB, respectively. 

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