NABARD

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Meaning

Full form: National Bank for Agriculture and Rural Development.

NABARD is India’s development bank that supports agriculture and rural development. It provides loans to farmers, cooperatives, and rural banks to improve irrigation, farming, and village industries.

Key Functions

  • Promotes rural credit and sustainable farming.
  • Funds projects for rural housing, dairy, and handicrafts.
  • Ensures financial inclusion in villages.

You May Also Like

What is Minority InterestLast Updated: October 21, 2024

Understanding Minority Interest Minority interest is a portion of the subsidiaries that is not owned by the parent…

UPI Cashless PaymentLast Updated: November 14, 2025

Definition UPI Cashless Payment refers to digital money transfers made through UPI without using physical cash. It allows…

UPI Transaction IDLast Updated: September 22, 2025

Definition A UPI Transaction ID is a unique number generated for every UPI payment. Meaning of UPI Transaction…

Micro PaymentsLast Updated: September 16, 2025

Definition Micro payments are very small transactions, usually less than ₹100, made digitally for low-cost services or products.…