Nabard profit up 13 pc to Rs 2,501 crore in FY16

Mumbai, Apr 6 () Development financial institution Nabard today reported a 13 per cent jump in profit after tax (PAT) at Rs 2,501 crore in 2015-16 on increased rural infrastructure development fund (RIDF) disbursements and higher term lending. In the previous fiscal, its PAT stood at Rs 2,403 crore.