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 Refinance support to Rural Financial Institutions (RFIs), mainly to Cooperative Banks and Regional Rural Banks, for Seasonal Agricultural Operations, handloom weavers, marketing operations, etc. Refinance support to Rural Financial Institutions for increasing flow of long term credit to create assets and capital formation in agriculture and allied sector Direct refinance assistance to Cooperative Banks for providing short term multipurpose credit Credit facility to Marketing Federations, Corporations and Cooperatives Loans to State Governments for creating rural infrastructure from Rural Infrastructure Development Fund (RIDF) 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) 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 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

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Published on 11/10/2015 1:25:00 PM

Tags: NABARD Bank ExamsNABARD ExamsNABARD HistoryNABARD Officers Exam DetailsNABARD Assistants ExamsNABARD Functions and DutiesNABARDNABARD OfficersNABARD ClerkNABARD Exams eligibilityNational Bank for Agriculture and Rural Development