NABARD

• NABARD - National Bank for Agricultural and Rural Development Bank 

• NABARD is a Development Bank 

• For the request of Government of India RBI constitute a Committee to Review the Arrangement for Institutional Credit for Agriculture and Rural Development ( CRAFICARD) 

• CRAFICARD established on 30th March 1979 

• B Sivaraman was the chairman of CRAFICARD 

• The committee submitted the interim report on 28 November 1979 and recommended the formation of NABARD 

• The Parliament of India through Act 61 of 1981 approved the setting up of NABARD 

• NABARD was came into existence on 12 July 1982 

• Initial capital of NABARD is 100 crores 

• Headquarters of NABARD is Mumbai 

• First Chairman of NABARD was M Ramakrishnayya 

• Present Chairman of NABARD  is Dr Harsh Kumar Bhanwala 

• Sitting MP or MLA cannot became a member of  NABARD 

• NABARD set up a committee to study about junior level co operative training centre, the chairman of the committee was G P Bhave 

• The Swarozgar Credit Card System introduced by NABARD 

• NABCONS & NABFINS are the subsidiaries of NABARD 

• The training institute sponsored by NABARD is BIRD ( Bankers Institute for Rural Development  ) 

• NABARD is the custodian of National Rural Credit Stabilization Fund 

• Non overdue cover is a condition imposed by NABARD on the District co operative Bank 

• Central government contribution to Regional rural banks are made through NABARD 

• Grameeya is the half yearly publication of NABARD 

• National Livestock Mission introduced by NABARD 

• Dairy Infrastructure Development Fund related to NABARD 

• The kissan credit card Scheme was started by government of India in consultation with RBI and NABARD 

• NABARD regulate and supervise RRB's and Co operative Bank 

• NABARD introduced Kissan Credit Card in 1998 

• Kissan Credit Card recommended by RV Gupta Committee 

• Kissan Credit Card for production and consumption need 

• Self Help Group Bank Linkage Programme ( SHG BLP ) was introduced by NABARD