Financial Institutions In India PDF Download

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Financial Institutions In India PDF Download

Financial Institutions

NABARD ( National Bank for Agriculture and Rural Development )

  • Established: NABARD was established on 12th July 1982 on the recommendation of CRAFICARD committee which is also known as the Sivaraman Comittee.
  • Headquarter: Mumbai, Maharashtra.
  • Chairman: Harsh Kumar Bhanwala.
  • Biggest Rural Development Bank
  • Established on 12 July 1982 on recommendation of Shivaraman committee to implement NABARD act 1981
  • AIM To uplift Rural India & rural non-farm sector.
  • NABARD acts as regulator for co-operative banks &RRB’s (Regional Rural Banks).Financial Institutions In India PDF Download

SIDBI ( Small Industries Development Bank of India )

  • Established: Small Industries Development Bank of India (SIDBI in short) was established on 2nd April 1990 under the Small Industries Development Bank of India Act 1989 as a subsidiary of Industrial Development Bank of India.
  • Headquarter: Lucknow, Uttar Pradesh.
  • Chairman: Dr. Kshatrapati Shivaji.

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