Apex Development Bank with a mandate for facilitating credit flow

About NABARD I

Role and Functions

I Subsidiaries I Associates I CIRCULARS I

Model Bankable Projects

Chairman's Speeches

Credit Functions | Developmental and Promotional Functions | Supervisory Functions

About NABARD Introduction Introduction NABARD at a Glance NABARD Profile Genesis and Historical Background Mission Objectives 3. Evaluating, monitoring and inspecting the client banks Major Activities NABARD Act & Preamble Organisation Structure Besides this pivotal role, NABARD also: Acts as a coordinator in the operations of rural credit institutions Extends assistance to the government, the Reserve Bank of India and other organizations in matters relating to rural development Offers training and research facilities for banks, cooperatives and organizations working in the field of rural development Role and Functions Financials Training Establishments Contact NABARD 25 years of NABARD NABARD Ranking Extends assistance to the government, the Reserve Bank of India and other organizations in matters relating to rural development Offers training and research facilities for banks, cooperatives and organizations working in the field of rural development Helps the state governments in reaching their targets of providing assistance to eligible institutions in agriculture and 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 RRBs Departments of NABARD NABARD has a list of departments working for the improvement of rural economy click here to know more Indian Banks Association The IBA was formed on the September 26th, 1946 with 22 members. As on June, 2003 IBA has 147 members comprising of Public Sector banks, Private NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas. In discharging its role as a facilitator for rural prosperity NABARD is entrusted with 1. Providing refinance to lending institutions in rural areas 2. Bringing about or promoting institutional development and Reserve Bank of India The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934

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Apex Development Bank with a mandate for facilitating credit flow Business World Survey Acts as regulator for cooperative banks and RRBs Some of the milestones in NABARD's activities are: Total production credit disbursed at end March 2011 was 34196 crore. Sector banks, Foreign banks having offices in India

Refinance disbursement under Investment Credit to commercial banks, state cooperative banks, state cooperative agriculture and rural development banks, RRBs and other eligible financial institutions during 2010-11 aggregated 13485.87 crore. Through the Rural Infrastructure Development Fund (RIDF) 12060.04 crores were disbursed during 2010-11. A cumulative amount of 121488.40 crore has been sanctioned for 444162 projects as on 31 March 2011 covering irrigation, rural roads and bridges, health and education, soil conservation, drinking water schemes, flood protection, forest management etc. Under Watershed Development Fund which has a balance of 1847.69 crore as on 31 March 2011, 579 projects in districts of 14 states have benefited. Farmers now enjoy hassle free access to credit and security through 1009.30 lakh Kisan Credit Cards that have been issued through a vast rural banking network. During 2010-11, 72.6 lakh KCC were issued by banks with a sanctioned limit of 43370 crore. Under the Farmers' Club Programme, during the year 21903 clubs were launched, taking the total to 76708 clubs as on 31 March 2011 helping farmers get access to credit, technology and extension services. Village Development Programme (VDP) is being implemented in 801 villages across 25 states. Under Tribal Development Fund, cumulative sanction amounted to 917.60 crore for 317 projects covering 2.5 lakh families. During 2010-11 financial assistance of 373.97 crore was sanctioned for 126 projects benefiting 94,163 tribal families. Under Farm Innovation and Promotion Fund (FIPF), cumulatively 123 projects in various states, involving financial support of 11.65 crore were sanctioned as on 31 March 2011. Farmers Technology Transfer Fund (FTTF) 512 innovative projects in 27 states with grant assistance of 44.97 crore were sanctioned during 2010-11. There were more than 69.53 lakh savings linked SHGs and more than 48.51 lakh credit linked SHGs covering 9.7 crore poor households as on 31 March 2011, under the microfinance programme. go to top NABARD 2007 Privacy Policy | Disclaimer | Feedback | Contact us | Sitemap Site designed & developed by : Lintas Personal (SRS), 2007 Site maintained by : Web Werks India Pvt Ltd.

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