1. NABARD Stands For: National Bank for Agriculture and Rural Development (NABARD)
2. Headquarters: Mumbai, Maharashtra
3. Establishment: 12 July 1982, on the recommendations of B.Sivaraman Committee, (by Act 61, 1981 of Parliament) to implement the National Bank for Agriculture and Rural Development Act 1981
4. Chairman of NABARD: Dr. Harsh Kumar Bhanwala
5. Mission: Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives
6. Founder Chairman of NABARD: M. Ramakrishnayya
7. Providing: It is one of the premier agencies providing developmental credit in rural areas. NABARD is India's specialized bank for Agriculture and Rural Development in India.
8. Set-Up: NABARD is an apex level bank set up by GOI(Government of India) with an instruction of providing credit flow for the promotion and development of agriculture, cottage, village and other small scale industries in the country.
9. Initial Capital: NABARD was initially started with an amount of Rs100 crore.
10. Also Known: NABARD is also known for its 'SHG Bank Linkage Programme' which encourages India's banks to lend to self-help groups (SHGs).
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