The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI)[4] and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India.[5] It was established under the NABARD Act 1981 passed by the Parliament of India.[6] It is fully owned by Government of India and functions under the Department of Financial Services (DFS) under the Ministry of Finance.[7
Present chairman Shaji K V.
Head quarters is in Mumbai.
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