NABARD LOGO/ PICTURE:-

INTRODUCTION: National Bank for Agriculture and Rural

Development , more popularly known as
NABARD was established by an Act of the
Parliament on 12th July 1982.
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).
It is one of the premiere agencies to
provide credit in rural areas.
Its mission was : sustainable growth in

 Set up with initial capital of Rs. 100 crores

, increased to Rs. 2000 crores, finally
subscribed by the government of India
and the RBI
Apex bank for facilitating credit for
promotion and development of
agriculture, small-scale industries ,
cottage and village industries, handicrafts
and other rural crafts.

GENSIS AND HISTORICAL

BACKGROUND: The Committee to Review Arrangements
for Institutional Credit for Agriculture and
Rural Development (CRAFICARD) set up
by the RBI under the Chairmanship of Shri
B Sivaraman in its report submitted to
Governor, Reserve Bank of India on
November 28, 1979 recommended the
establishment of NABARD . The
Parliament through the Act 61 of 81 ,
approved its setting up.

HEADQUATERS:Bandra-kurla complex, Bandra , Mumbai

,Maharashtra.

NABARDSS MICRO FINANCE VISION

AND MISSION: Vision-Empowerment of rural poor by
improving their access to the formal
credit system through various MF
innovations in a cost effective and
sustainable manner.
Mission:- Promoting sustainable and
equitable agriculture and rural
developments through effective credit
support, related services, institution
building and other innovative initiatives.

 ORGANISATIONAL STRUCTURE OF
NABARD:-

OBJECTIVES OF NABRD: The National Bank will be an apex

organisation in respect of all matters
relating to policy, planning operational
aspects in the field of credit for promotion
of agriculture, small scale industries,
handicrafts, etc.
The bank will serve as a refinancing
institution for institutional credit such as
long-term, short-term for activities in the
rural areas.
The bank will also provide direct lending
to any institution as may be approved by

 The bank will have organic links with the

Reserve Bank and maintain a close link
with in.

ROLE OF NARBAD: Providing refinance to lending institutions

in rural areas
Bringing about or promoting institutional
development and
Evaluating, monitoring and inspecting the
client banks .
Extends assistance to the government,
the RBI and the other organisations in
matters relating to rural development.
Helps the State Governments in reaching
their targets of providing assistance to
eligible institutions

In agriculture and rural development.

Acts as regulator for cooperative banks
and RPBs.

NABARDs ACTIVITIES: Refinance disbursement under ST- Agri

and others MT- Conversion / liquidity
support aggregated Rs. 16952.83 crore
during 2007-08
Refinance disbursement under
Investment Credit to Commercial Banks,
State Coorporative banks, etc
Agriculture and Rural Development
banks, RRBs and other eligible financial
institutions during 2007-08 aggregated
Rs. 9046.27 crore .
Through the Rural infrastructure

FUNCTIONS OF NABRAD: Credit functions , involving preparations

of potential-linked credit plans annually
for all districts of the country.
Development functions, concerning
reinforcement of the credit functions and
making credit more productive.
Supervisory functions, ensuring the
proper functioning of cooperative banks
and regional rural banks.
It takes measures towards institution
building for imporving absorptive
capacity of the credit delivery

System.
It prepares , on annual basis, rural credit
plans for all districts in the country ;
these plans from the base for annual
credit plans of all financial institutions.
It undertakes monitoring and evaluation
of projects refinanced by it.
It promotes research in the fields of rural
banking, agriculture, rural development.

SUPERVISORY FUNCTIONS: Undertakes inspections of Regional Rural

Banks (RRBs) and the Cooperative banks
under the provisions of Banking
Regulation Act, 1949.
Undertakes inspection of State
Cooperative Agriculture and Rural
Development Banks (SCARDBs) and apex
non- credit cooperative societies on a
voluntary basis.
Thats the help full for more
development.

MODEL BANKABLE PROJECTS: The technical services department.

Minor irrigation.
Land development.
Plantation and horticulture .
Agricultural engineering.
Forestry and wasteland.
Fisheries.
Animal husbandry.
Biotechnology.

INNOVATIVE PROJECTS: Setting up of grain banks

Project on processers cards.
Project on e-gram.
Joint liability groups.
Setting up of computer machines
Micro enterprise promotion by SHFs.