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NABARD

National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 under an Act of Parliament i.e.Nabard Act, 1981. It has paid up capital of Rs 2000 crore held by Government of India and Reserve Bank of India.

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Reserve Bank Of India

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. It has its central office at Mumbai since inception and though originally privately owned, since nationalisation in 1949 it is fully owned by the Government of India.

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