The NABARD full form is National Bank for Agriculture and Rural Development. For securing prosperity, encourage participatory financial and non-financial initiatives, innovations, technology, and institutional development in agriculture and rural development.
- On July 12, 1982, an Act of Parliament established the National Bank for Agriculture and Rural Development (NABARD).
- As a development bank, NABARD has the mandate to provide and regulate credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural and relevant economic activities in rural areas.
- With an objective of promoting sustainable rural development and ensuring the stability of rural areas, as well as the stability of rural areas.
- Promoting inclusive and sustainable agriculture and rural development through participatory financial and non-financial initiatives, creativity, technology and prosperity-based institutional development.