What is NABARD full form, meaning objective and functions

Are you looking for The meaning and full form of NABARD in the bank And what does NABARD stand for? Well, We are going to learn about the definition and meaning of NABARD, the abbreviations of NABARD acronyms, and NABARD meaning in Hindi. So you should read this post till the end?

Full Form of NABARD » National Bank for Agriculture and Rural Developmentati

NABARD Stands for National Bank for Agriculture and Rural Development. Nabard is an Indian financial institution established by the Government of India. It works under the administrative control of the Ministry of Finance. It is a Central Government Bank, owned by the Union Government of India. It provides financial services such as loans, insurance, investment banking, payment systems and so on to the agriculture sector in India. It is a Scheduled Commercial Bank under the Payment and Settlement Systems(Regulation) Act, 2007.

  • NABARD was formed on the recommendation of B Sivaraman Committee. And Nabard was established on 12 July 1982 to regulate the National Bank for Agriculture and Rural Development Act 1981.
  • The headquarter of NABARD is located in Mumbai. It has 31 Regional Offices located in all over indian States.
  • Nabard promotion and development of economic activities like agriculture, small scale industries, cottage industries, village industries, handicrafts and other rural crafts in rural areas along with loans and other facilities. also providing.

Objective and Functions Of Nabard

It was established with the objective of financing infrastructure and social infrastructure projects in the rural areas of the country. It finances the projects on its own, or in collaboration with other Public and Private Financial Institutions.

  • To promote and develop activities related to agriculture and rural development.
  • Refinancing, financing and planning.
  • The task of NABARD is to monitor and supervise the projects which have taken loans.
  • To provide refinance for long-term investment credit and short-term production and marketing credit to financial institutions for agricultural and non-farm activities in rural areas.
  • NABARD is also involved in loan planning, monitoring, and coordinating with various agencies and institutions in india
  • To launch government sponsored programs, publicity and development initiatives in the areas of agriculture, non-farm, micro finance, financial inclusion, convergence etc.
  • To emphasize on livelihood opportunities and promotion of micro industries in rural areas.

NABARD is used as an acronym to represent National Bank for Agriculture and Rural Development. now you might have got some idea about the abbreviation, acronym, Full form, and meaning of NABARD.

What does mean Nabard in economics?

In the above article, we have discussed NABARD full form, meaning, and definition. Now we are going to discuss some FAQs that are frequently asked on the internet. So there are many FAQs on the full form of NABARD. let’s explore some of them.

  1. What is the full form of NABARD in agriculture?

    The Full Form of NABARD is ”National Bank for Agriculture and Rural Development“ The Definition of NABARD and all possible meanings are given above, You might also like some similar terms related to NABARD.

  2. What does NABARD stand for?

    NABARD stands for ”National Bank for Agriculture and Rural Development“. But there may be more than one meaning of NABARD, so check out all meanings of NABARD in the Above post section.

  3. What does NABARD mean in banking?

    NABARD is an acronym that means ”National Bank for Agriculture and Rural Development“. you can read Most used NABARD Full Form Meaning. check out related information in the above section.

  4. What is the NABARD Meaning in Hindi

    The NABARD meaning in Hindi is ”राष्ट्रीय कृषि और ग्रामीण विकास बैंक“. It may be more than one Meaning of NABARD so check out one by one in the above section.

  5. NABARD ka full form in Hindi

    NABARD ka full form in Hindi is ”राष्ट्रीय कृषि और ग्रामीण विकास बैंक“. It has many other Full Forms there are listed Above.

  6. What is the abbreviation of NABARD

    NABARD is an acronym for ”National Bank for Agriculture and Rural Development“. The Definition & Meaning of NABARD in Different Categories discussed above.

In this post, we discussed all the important things about What is the meaning of NABARD. You will not only get all the possible NABARD Full Form & Meaning. But also get various acronyms, abbreviations, and the meaning and full form of NABARD with definitions.

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