Where is the Headquarters of NABARD?

If you are preparing for banking or government exams, you must know about India's apex development financial institution: NABARD. Let's look at its headquarters and its function.

Question (Click to Flip)

Where is the headquarters of NABARD located?

Answer

The headquarters of the National Bank for Agriculture and Rural Development (NABARD) is located in Mumbai, Maharashtra.

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Key Facts

Headquarters: Mumbai.

Full Form: National Bank for Agriculture and Rural Development.

Function: Provides massive funding and regulates credit for rural agriculture and village development.

Location of the Headquarters

The headquarters of NABARD is located in Mumbai, Maharashtra.

What is NABARD?

The Full Form: NABARD stands for the National Bank for Agriculture and Rural Development.
Establishment: It was established by the Government of India in 1982 on the recommendation of the B. Sivaraman Committee.
Its Function: Unlike commercial banks (like SBI or HDFC), ordinary people cannot open a savings account in NABARD. It is an apex regulatory body. Its main job is to provide credit (huge loans) and funding to smaller regional rural banks and cooperative banks, which in turn give loans to farmers for agriculture, cottage industries, and village development.

Questions and Answers

Where is the headquarters of NABARD located?+

The headquarters of the National Bank for Agriculture and Rural Development (NABARD) is located in Mumbai, Maharashtra.

What is the full form of NABARD?+

The full form of NABARD is National Bank for Agriculture and Rural Development.

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