National Bank for Agriculture and Rural Development
Government owned All India Development Financial Institution and Regulatory Body
National Bank for Agriculture and Rural Development
The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI) and an apex regulatory agency and Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. It was established under the NABARD Act 1981 passed by the Parliament of India. It is fully owned by Government of India and functions under the Department of Financial Services (DFS) under the Ministry of Finance.
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