Explain the regulatory functions of NABARD.
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Functions of NABARD
Credit Functions:
1 Framing policy and guidelines for rural financial institutions.
2 Providing credit facilities to issuing organizations
Monitoring the flow of ground level rural credit.
3 Preparation of credit plans annually for all districts for identification of credit potential.
Credit Functions:
1 Framing policy and guidelines for rural financial institutions.
2 Providing credit facilities to issuing organizations
Monitoring the flow of ground level rural credit.
3 Preparation of credit plans annually for all districts for identification of credit potential.
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Answer:
NABARD, as a Development Bank, is mandated for providing andregulating credit and other facilities for the promotion and development ofagriculture, small scale industries, cottage and village industries,handicrafts and other rural crafts and other allied economic activities inrural areas with a view to promoting ...
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