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8. It regulates the institutions which provide financial help to the rural economy.

9. It provides training facilities to the institutions working in the field of rural upliftment.

10. It regulates and supervise the cooperative banks and the RRB's, throughout entire India.

The major functions of NABARD include promotion and development, refinancing, financing, planning,
monitoring and supervision. Non-credit related: Credit Planning and Monitoring, Coordination with
various agencies and institutions.
1. To serve as an apex financing agency for the institutions providing investment and production credit
for promoting various developmental activities in rural areas;
2. To take measures towards institution building for improving absorptive capacity of the credit delivery
system, including monitoring, formulation of rehabilitation schemes, restructuring of credit institutions
and training of personnel;
3. To coordinate the rural financing activities of all institutions engaged in developmental work at the
field level and liaison with the Government of India, the State Governments, the Reserve Bank and other
national level institutions concerned with policy formulation; and
4. To undertake monitoring and evaluation of projects refinanced by it.
5. NABARD gives high priority to projects formed under Integrated Rural Development Programme
(IRDP).

6. It arranges refinance for IRDP accounts in order to give highest share for the support for poverty
alleviation programs run by Integrated Rural Development Programme.

SIDBI

NOTES:

Small Industries and Development Bank of India (SIDBI) mainly focuses on the financing, promotion
and development of the Micro, Small and Medium Enterprises (MSMEs). Established in
1990, SIDBI's primary objective is to strengthen the MSME sector by facilitating cash flow.

In order to promote small scale industries in the country, a special Act was passed in Parliament in April
1990 for starting of Small Industries Development Bank of India. SIDBI is a wholly owned subsidiary
of IDBI. It is providing assistance to all those institutions which are promoting small scale industries.

Objectives of SIDBI ( main)

To promote marketing of products of small scale sector. To upgrade technology and also undertaking
modernization of small scale units. To provide more financial assistance to small scale ancillary and tiny
sector. To encourage employment oriented industries.

Capital of SIDBI

SIDBI has an authorised capital of Rs. 1000 crores which can be increased to Rs. 1000 crores. The RBI has
also allocated INR 10,000 Crores to SIDBI for various venture capital activities and company startups in
2015. The entire operations of IDBI connected with small scale industries are now handed over to SIDBI.