NABARD is the National Bank for Agriculture and Rural Development established in 1982 by the Government of India to aid rural development. Headquartered in Mumbai, NABARD provides credit and banking services to promote rural development, support agriculture and allied activities. It serves as a refinancing body and promotes policies and programs focused on integrated rural development and financing agriculture.

1. NABARD

2. NATIONAL BANK FOR AGRICULTURE
AND RURAL DEVELOPMENT (NABARD)
– HEAD QUARTERS : Mumbai, Maharashtra, India
– ESTABLISHED : 12 July 1982
– CHAIRMAN : Dr. Harsh kumar Bhanwala
– RESERVES (in crores) : 43,674( As on 31st March 2019)
– WEBSITE : www.nabard.org
– RBI sold its entire stake in NABARD to the Government of India

3. OBJECTIVE OF NABARD
– The bank will serve as a refinancing institution for institutional credit such as
long-term, short-term for the promotion of activities in rural areas.
– The bank will also provide direct lending to any institution as may approved by
the central government.
– Promote policies and practices conducive for rural development.
– It will have close like with RBI for guidance and assistance in financial matters.

4. ROLE OF NABARD
– NABARD is the apex institution in the country which looks after the
development of cottage industry, small industry, village and other rural
industries.
– NABARD also reaches out to allied economies and supports, promotes
integrated development.

5. FUNCTIONS OF NABARD
– Credit functions
– Development and promotional functions
– KCC, DRIP, REDP, UPNRM, SHG
– Supervisory functions
– Institutional and capacity building
– Role in training
– CB, RRBs, Co-op banks.

6. SOURCES OF FUND
– Authorised share capital (30,000 Cr)
– Issued and paid up capital (12,580 Cr)
– Borrowing from Government of India and any institution approved by
Government of India
– Issue and sale of bonds by Government of India
– Deposits from state government and local authorities
– Gifts and grants received.

7. THANK YOU