<P> NABARD was established on the recommendations of B. Sivaraman Committee , ( by Act 61 , 1981 of Parliament ) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981 . It replaced the Agricultural Credit Department ( ACD ) and Rural Planning and Credit Cell ( RPCC ) of Reserve Bank of India , and Agricultural Refinance and Development Corporation ( ARDC ) . It is one of the premier agencies providing developmental credit in rural areas . NABARD is India 's specialised bank for Agriculture and Rural Development in India . </P>
<P> NABARD was established on the recommendations of B. Sivaraman Committee , ( by Act 61 , 1981 of Parliament ) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981 . It replaced the Agricultural Credit Department ( ACD ) and Rural Planning and Credit Cell ( RPCC ) of Reserve Bank of India , and Agricultural Refinance and Development Corporation ( ARDC ) . It is one of the premier agencies providing developmental credit in rural areas . NABARD is India 's specialised bank for Agriculture and Rural Development in India . </P>
nabard has been established on the recommendation of
nabard has been established on the recommendation of
B. Sivaraman Committee
B. Sivaraman Committee