NABARD: National Bank for Agriculture and Rural Development
Full form of NABARD is National Bank for Agriculture and Rural Development
- It was recommended by Shivaraman Committee.
- ACT: 1981
- ESTD: 12 July 1982
- It was established during 6th planning commission
- HQ: Mumbai (Bombay)
- Chairman: Dr. Govinda Rajulu Chintala (click here for updated chairman)
- Regional HQ: 27
- Sub Office: 1 (Telangana)
Work of NABARD
- It is the regulatory body of co-operative bannks and RRBs.
- It is the regulatory body of agricultural development in India.
- It looks after the development of small industries, village industries and cottage industries.
Note: NABARD replaced RPCC and ACD
- RPCC: Rural Planning Credit Cell
- ACD: Agriculture Credit Department
