Important Points to Remember about NABARD

By | November 28, 2015
A short note on all about NABARD-
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(1) National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India.
(2) NABARD was established on the recommendations of Shivaraman Committee.
(3) NABARD was established by an act of Parliament on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.

(4) NABARD 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).
(5) Headquarters of NABARD is situated in Mumbai, Maharashtra, India.

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