Nabard

NABARD (National Bank for Agriculture and Rural Development) Introduction • NABARD is an apex institution accredited with all matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas. • It is an apex refinancing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas • It takes measures towards institution building for improving absorptive capacity of the credit delivery system, including monitoring, formulation of rehabilitation personnel, etc. • It co-ordinates the rural financing activities of all the institutions engaged in developmental work at the field level and maintains liaison with Government of India, State Governments, Reserve Bank of India and other national level institutions concerned with policy formulation. • It prepares, on annual basis, rural credit plans for all districts in the country; these plans form the base for annual credit plans of all rural financial institutions • • It undertakes monitoring and evaluation of projects refinanced by it. It promotes research in the fields of rural banking, agriculture and rural development Types of Refinance Facilities offered Agency Commercial Banks • • Credit Facilities Long-term credit for investment purposes Financing the working capital requirements of Weavers' Co-operative Societies (WCS) & State Handloom Development Corporations schemes, restructuring of credit institutions, training of

Short-term Co-operative Structure (State Co-operative Banks, District Central Co-operative Banks, Primary Agricultural Credit Societies)

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Short-term (crop and other loans) Medium-term (conversion) loans Term loans for investment purposes Financing WCS for production and marketing purposes Financing State Handloom Development Corporations for working capital by State Co-operative Banks

Long-term Co-operative Structure (State Co-operative