1 year ago
Banking

The National Bank for Agriculture and Rural Development (NABARD) was established in July 1982 for the purpose of strengthening the system of rural credit and coordinating the activities of all other financial institutions engaged in financing of agriculture and rural development programme.

NABARD does not give direct loans and advances to agriculturists. It provides credits to the rural sector through the network of cooperative banks, commercial banks, RRB’s and other financial institutions. Over the years, NABARD has emerged as the most significant institution responsible for rural transformation

Susmita Sah
Jan 16, 2022
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