Headquarters of NABARD
NABARD stands for National Bank for Agriculture and Rural Development. It is an apex development bank in India. It was established on 12 July 1982 by an act of parliament to provide credit for the promotion of agriculture, small-scale industries, cottage industries, handicrafts, and other rural crafts.
Location of Headquarters
The headquarters of NABARD is located in Mumbai, Maharashtra. The address of the headquarters is:
- National Bank for Agriculture and Rural Development
- C-24, 'G' Block, Bandra-Kurla Complex
- Bandra (East), Mumbai-400051
- Maharashtra, India
Facilities at Headquarters
The headquarters of NABARD is a state-of-the-art building that provides various facilities to its employees. Some of the facilities are:
- Conference halls and meeting rooms for various official meetings and events.
- Training center for employees to enhance their skills and knowledge.
- Recreational facilities like a gymnasium, sports facilities, and a library.
- Cafeteria for employees to have meals and refreshments.
- Parking facilities for employees and visitors.
Role of NABARD
NABARD plays a crucial role in the development of agriculture and rural areas in India. Some of the roles of NABARD are:
- Providing credit for the promotion of agriculture, small-scale industries, and other rural crafts.
- Providing refinance facilities to lending institutions in rural areas.
- Promoting research in agriculture and rural development.
- Providing technical assistance to various institutions in the field of agriculture and rural development.
- Developing and promoting innovative financial products and services for rural areas.
Conclusion
The headquarters of NABARD is located in Mumbai, Maharashtra. It is a state-of-the-art building that provides various facilities to its employees. NABARD plays a crucial role in the development of agriculture and rural areas in India by providing credit, refinance facilities, technical assistance, and promoting research and innovative financial products and services.