National Bank for Agriculture and Rural Development (NABARD) is an apex development finance institution fully owned by the Government of India. The bank has been accredited with all matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India.
NABARD was established with a mandate to uplift rural India by facilitating credit flow in agriculture, cottage and village industries, handicrafts, and small-scale industries. It is also required to support the non-farm sector while promoting other economic activities in rural areas.
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