National Bank for Agriculture and Rural Development

The National Bank for Agriculture and Rural Development (NABARD) is an All India Development Financial Institution (DFI) and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. It was established under the [https://www.nabard.org/auth/writereaddata/tender/0405234346nabard-act-2018.pdf NABARD Act 1981] passed by the Parliament of India. It is [https://www.businesstoday.in/industry/banks/story/with-rbi-exist-government-owns-100pct-stake-in-nhb-nabard-190575-2019-04-24 fully owned] by Government of India and functions under the Department of Financial Services (DFS) under the Ministry of Finance. Provided by Wikipedia