Ppt Bank Law [h&m&n] 1

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    Submitted By:- Hardik N. PatelMehul J. Patel

    Nirav I. Patel

    Submitted To:-Ujal Mehta

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    National Bank for Agriculture and Rural Development

    Introduction

    NABARD is set up as an apex

    Development Bank with a mandate for

    facilitating credit flow for promotion anddevelopment of agriculture, small-scale

    industries, cottage and village industries,

    handicrafts and other rural crafts.

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    History

    NABARD was established by an act ofParliament on 12 July 1982 to implementthe National Bank for Agriculture and

    Rural Development Act 1981.It replaced the Agricultural Credit

    Department (ACD) and Rural Planning andCredit Cell (RPCC) of Reserve Bank of

    India, and Agricultural

    Refinance andDevelopment Corporation (ARDC).

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    Mission

    Promoting sustainable andequitable agriculture and ruraldevelopment through effective

    credit support, related services,institution building and otherinnovative initiatives.

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    The Bank will serve as a refinancing institutionfor institutional credit such as long-term, short-term for the promotion of activities in the rural

    areas.

    The Bank will also provide direct lending to anyinstitution as may approved by the CentralGovernment.

    Objectives

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    The Bank will have organic links withthe Reserve Bank and maintain a

    close link with in

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    NABARD Role and

    functions NABARD had introduced a mechanism

    of DAP/MoU aiming at institution

    specific measures in 1994-95.

    The performance obligations arisingout of DAP formed the basis of the

    Memorandum of Understanding (MoU) between stake holders.

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    Con

    Initiates measures toward institution-building for improving absorptive

    capacity of the credit delivery system,including monitoring, formulation ofrehabilitation schemes, restructuringof credit institutions, training ofpersonnel, etc.

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    Associated with

    NABARD[1] The World Bank Group The

    International Development Association

    The World Bank works in closepartnership with Indias Central and StateGovernments, aligning its strategies with

    the countrys own development agenda.

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    [2] International Fund forAgricultural Development (IFAD):

    IFADs strategy in India centres onimproving the access of rural sectorsto economic and social resources.

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    Small Industries Development

    Bankof IndiaIntroduction:

    SIDBI is implementing a World Bank-led

    multi agency / multi activity Project on Financingand Development of SMEs. While SIDBI has beenassigned with the responsibility of implementingthe project, the Banking Division, Ministry ofFinance, Government of India is the nodal agencyfor the same.

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    History

    SIDBI was established on April 2,1990.

    the principal financial institution forthe promotion, financing anddevelopment of industry in the small

    scale sector

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    Mission

    To empower the Micro, Small andMedium Enterprises (MSME) sector

    with a view to contributing to theprocess of economic growth,employment generation and balanced

    regional development

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    Objective

    Four basic objectives are set out inthe SIDBI Charter. They are:

    Financing Promotion

    Development

    Co-ordination

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    (EMPLOYEESPROVIDENT FUND)

    REGULATIONS, 1990

    [Employees Provident Fund] (Amendment)Regulations, 2004.

    In exercise of the powers conferred by sub-section (1) read with clause

    (d) of sub-section (2) of section 52 of the SmallIndustries Development Bank of

    India Act, (39 of 1989), the Board, with theprevious approval of the Development Bank,hereby makes the following Regulations :

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    (1)(i)These Regulations may be called theSmall Industries Development Bank

    of India (Employees Provident Fund)Regulations, 1990.

    (ii)These Regulations will come into force

    on the Twentieth day of November, 1990.

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    RIGHT TO

    INFORMATION ACT1.ABOUT THE ACT

    The Parliament has enacted The Right toInformation Act, 2005 which received thePresidents assent on 15th June 2005 and wasnotified in Official Gazette on 21st June 2005. Itextends to the whole of India except the State

    of Jammu & Kashmir. Under the Act.

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