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P R E S E N T E D B YDEEPSHIKHA JHA
Introduction
NABARD is set up by the Government of India.
facilitating credit flow for promotion and development of agriculture and integrated rural development. With a capital base of Rs 2,000 crore provided by the Government of India and Reserve Bank of India , it operates through its head office at Mumbai, 28 regional offices situated in state capitals and 391 district offices at districts.
Role of NABARD
Mainly there are four functions of NABARD Credit Functions Development and Promotional Functions
Supervisory Functions
Institutional and Capacity building
Credit Functions
Framing
institutions Providing credit facilities to issuing organizations Monitoring the flow of ground level rural credit
productive, NABARD has been undertaking a number of developmental and promotional activities such as:o
Provide financial assistance to cooperatives and Regional Rural Banks for establishment of technical, monitoring and evaluations cells
Provide financial assistance to cooperative banks for building improved management information system, computerization of operations and development of human resources
Supervisory Functions
cooperative banks (other than urban/primary 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 Provides recommendations to Reserve Bank of India on opening of new branches by State Cooperative Banks and Regional Rural Banks (RRBs)
actions plans for themselves Provide financial assistance to cooperatives and RRBs for establishment of technical, monitoring and evaluations cells. Provide training for senior and middle level executives of commercial banks, RRBs and cooperative banks
THANKS