National Bank for Agriculture and Rural Development Exams Details

NABARD History
Organisation
National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by an Act of the Parliament to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institutional & infrastructure development and other innovative initiatives.

Functions and Duties
  1. Refinance support to Rural Financial Institutions (RFIs), mainly to Cooperative Banks and Regional Rural Banks, for Seasonal Agricultural Operations, handloom weavers, marketing operations, etc.
  2. Refinance support to Rural Financial Institutions for increasing flow of long term credit to create assets and capital formation in agriculture and allied sector
  3. Direct refinance assistance to Cooperative Banks for providing short term multipurpose credit
  4. Credit facility to Marketing Federations, Corporations and Cooperatives
  5. Loans to State Governments for creating rural infrastructure from Rural Infrastructure Development Fund (RIDF)
  6. Loans for creation of warehousing infrastructure to State Governments, State and Central Government owned entities, Cooperatives and Federation of Cooperatives, Corporates/ Companies, individual entrepreneurs, etc., from Warehousing Infrastructure Fund (WIF)
  7. Direct lending to state owned institutions /corporations, Cooperatives, Producers’ Organizations, etc., under NABARD Infrastructure Development Assistance (NIDA).

The Bank is performing various functions which are driving factors in rural development and agricultural growth. It supports farm and agricultural allied businesses through financing short, medium and long term loans to eligible people. It majorly refinances to the RRBs, Cooperative Banks, Micro finance Institutions, Marketing federations, Cooperatives and state owned institutions which are prime source of credit to agriculture rural development.

Having its head office in Mumbai, NABARD is situated in as many as 31 Indian States and Territories. Presently it has 12 Monitoring offices in various states and total 534 District Development Offices are working under NABARD across the country. NABARD has its own Human resource management policy where it trains officers and Clerks in its four establishments called Bankers Institute of Rural Development (BIRD) at Lucknow, Mangalore and Bolpur. It imparts the banking and finance skills in its employees as well as clients so far.

Staff strength
As on 31 March 2015, NABARD had 4062 employees including 2623 (65%) officers (Group ‘A’), 658 (16%) in the clerical cadre (Group ‘B’); and 781 (19%) messengers and maintenance staff (Group ‘C’). Of the total staff, 755 belonged to the Scheduled Caste (SC) category (18.6 %) and 349 to the Scheduled Tribe (ST) category (8.6%), while 55 were ex-servicemen (1.4%) and 90 were physically challenged (2.2%).

Total staff strength (as on 31 March 2015)

Cadre

Total

SC

ST

Group ’A’

2623

398

199

Group ‘B’

658

91

53

Group ‘C’

781

266

97

Total

4062

755

349



Present Positions in NABARD
One can enter in to the Junior and middle level positions. Present NABARD recruiting Officers in Grade ‘A’ and Grade ‘B’ (Assistant Managers), Clerk/Assistant, Development Assistants and Specialist officers/Subject matter specialists.

List of the following posts to be recruited in NABARD
Assistant Managers (Grade ‘A’) in Rural Development Banking Service (RDBS)
Assistant Managers (Grade ‘A’) in Rajbhasha Service
Assistant Managers (Grade ‘A’) in Legal Service
Assistant Managers (Grade ‘A’) in Protocol and Security Service
Managers (Grade ‘B’) in Rural Development Banking Service (RDBS)
Clerks/Assistants
Development Assistants/Development Assistants (Hindi)
Subject matter Specialist - Project Finance
Subject matter Specialist - Law
Subject matter Specialist - Risk Manger
Subject matter Specialist - Agriculture Science
Subject matter Specialist - Climate Science
Subject matter Specialist - Renewable Energy
Subject matter Specialist - Communications
Published on 11/10/2015 1:25:00 PM
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