NABARD is short form of National Bank for Agriculture and RuralDevelopment .

(NABARD) was established on 12 July 1982 by an Act of theParliament.NABARD, as a

Development Bank, is mandated for
providing andregulating credit and other facilities for the promotion and
development ofagriculture, small scale industries,
cottage and village industries,handicrafts and other rural crafts and other allied
economic activities inrural areas

1. Vision :- Development Bank of the Nation for Fostering Rural Prosperity

2.Mission :- Promote Sustainable and equitable Agriculture , rural development

thorugh Participative financial and non-financial
interventions ,innovations, technology and Institutional
development for securing prosperity

3.Ownership :- NABARD is wholly owned by Government of India.

4.Organisational set up :- NABARD ,its Head office at Mumbai and has 31 regional
Office Located in States Training Establishments
in the Northern,Eastern & Southern
parts of India and 414 District Development Managersfunctioning at district leve
Govinda Rajulu Chintala took charge as Chairman of the National Bank for
Agriculture and Rural Development (NABARD) on Wednesday.

5. Function at a Glance- The main function of NABARDA is refinancing, financing,

planning, monitoring and supervision.

a.Non-credit related -
!.Credit Planning and Monitoring, Coordination with
various agencies and institutions.

6.Partner Institutionl /Clients :-

a.Credit related -Scheduled Commercial Banks
State Governments
State Owned Bodies and Corporations
Regional Rural Banks
State Cooperative Banks
District Central Cooperative Banks
State Cooperative Agriculture & Rural Development Banks
Scheduled Urban Cooperative Banks
Small Finance Banks
Non-Banking Finance Companies
Farmers’ Collectives and Producers’ Organisation

b.Development Oriented
Rural Financial Institutions
NGOs and Voluntary Agencies
Development and Self Employment Training Institutions
Self-Help Groups
Rural Innovators
Joint Liability Groups
Farmers’ Clubs
Research Organisations