National Bank for Agriculture and Rural Development (NABARD) was established in 1982 to promote sustainable development in agriculture and rural sectors. It provides credit and other services to agriculture and rural areas through developing institutions. NABARD replaced Agricultural Credit Department and Rural Planning and Credit Cell of Reserve Bank of India. It has subsidiaries including NABCONS for consultancy and NABFINS as a non-deposit taking NBFC. NABARD supports rural development through institutional development, farm and non-farm sector programs, financial inclusion, research and technology, and implementing core banking solutions for co-operative banks.

1. National Bank for Agriculture
and Rural Development
Presented By:
Manu Potti
Sashwat mundhada
Smit Rathod
Vaibhav Jadhav

2. Mission
• Promote sustainable and equitable agriculture and rural prosperity through
effective credit support, related services, institution development and other
innovative initiatives

3. Genesis
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Set up on 12th July 1982by RBI under the recommendation of Committee to Review the
Arrangements For Institutional Credit for Agriculture and Rural Development (CRAFICARD)
A report submitted “felt the need for a new organisational device for providing undivided
attention, forceful direction and pointed focus to the credit problems arising out of integrated rural
development”
It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC)
of Reserve Bank of India, and Agricultural Refinance and Development Corporation (ARDC)

4. Subsidiaries
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NABARD has 3 fully owned subsidiaries:
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NABCONS
Engaged in providing consultancy in all spheres of agriculture, rural
development and allied areas.
Started with an authorized capital of Rs 250 million (US $5.75 million)
million (US $1.15 million)
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and paid up capital of Rs 50
NABFINS
NABARD Financial Services Limited is a subsidiary of NABARD with
equity participation from
NABARD, Government of Karnataka, Canara
Bank, Union Bank of India,Bank of Baroda, Dhanalakshmi
Bank and
Federal Bank
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It is a non-deposit taking NBFC registered with the Reserve Bank of India and shall operate throughout
India

5. Rural Finance Intermediation

6. Developmental
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Institutional development
Farm sector
Non farm sector
Financial inclusion
Micro credit innovations
Research and development
Core banking solutions to Co-operative banks

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Institutional development
Includes development of RRBs and Co-opratives
Institutional Department has been initiating various programmes
and initiatives for strengthening of cooperatives since 1982
to attain our goal for evolving a sustainable Rural Financial System
to enhance ground level credit flow to farmers and others in rural
areas.
As a part of capacity building initiatives, NABARD has decided to
conduct training programmes for (i) the Board of Directors and (ii)
Senior Managers/Branch Managers of State Cooperative Banks
(SCBs)/District Central Cooperative Banks (DCCBs) in a structured
and phased manner.

8. Farm sector
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Climate Change Adaptation (CCA)
Farmers’ Club Programmes
Subsidy administration of Government Sponsored schemes
Policy Advocacy - Agri Insurance
Sustainable and Participatory Management of Natural Resources (Watershed
Development)
Transfer of Knowledge, Skill and Technology ( 1. Farm Innovation and Promotion Fund
(FIPF) 2.Farmers Technology Transfer Fund (FTTF)
Kisan Credit Card

9. Non farm sector
• Rural Innovation Fund (RIF)
• Area Development Programme (Cluster Development Programme –
(CDP))
• Marketing and Technology Support- (Rural Haat, Rural Mart, Exhibition,
Melas..etc.)
• Support to Women
• Entrepreneur and Skill Development

10. Financial inclusion
• Indian economy in general and banking services in particular have made
rapid strides in the recent past. However, a sizeable section of the
population, particularly the vulnerable groups, such as weaker sections and
low income groups, continue to remain excluded from even the most basic
opportunities and services provided by the financial sector.
• Government of India constituted a “Committee on Financial Inclusion”
• The Committee has recommended setting up of two funds - Financial
Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF).

11. Research and Development
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R&D fund (Rs. 50 crore.)
provisions of the NABARD Act 1981
Fund aims at acquiring new insights into the problems of agricultural and rural
development through in-depth studies and applied research and trying out
innovative approaches backed up by technical and economic studies.
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Research projects and studies.
International, National and Regional Seminars/ Conferences/Symposia, Workshops, etc.
Occasional Papers and cost of other publications.
Providing training for personnel of constituent banks.
Summer Internship Programme.

12. Core Banking Solution(CBS) to Co-operative
Banks
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one of the biggest initiatives towards institution building, NABARD is
facilitating the process of bringing the Co-operative Sector onto Core Banking
Solution (CBS) platform
total of 200 State and Central Co-operative Banks with 6792 branches from 1 6
states & 03 UTs of the country have joined “NABARD initiated Project on CBS in
Co-operatives”
The model followed in the initiative is Application Service Provider(ASP) model
using the concept of cloud computing.
TCS and Wipro are implementing the ambitious project across the country.