- NABARD - National Bank for Agricultural and Rural 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
- The kissan credit card Scheme was started by government of India in consultation with RBI and NABARD
