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GA Topper Series : NABARD Subsidiaries

There are six subsidiary of NABARD. In this article we are discussing three subsidiary only.


  • NABKISAN Finance Limited (NABKISAN) (formerly “Agri Development Finance (Tamilnadu) Limited”) was incorporated under the Companies Act, 1956 on 14.02.1997.
  • NABKISAN is a subsidiary of National Bank for Agriculture and Rural Development (NABARD) with equity participation from NABARD, Govt. of Tamil Nadu, Indian Bank, Indian Overseas Bank, Tamilnadu Mercantile Bank, Canara Bank, ICICI Bank, Federal Bank, Lakshmi Vilas Bank and a few Corporates / Individuals.
  • Notified as a Non-Banking Finance Company (NBFC) by RBI.
  • The main objective of the company is to provide credit for promotion, expansion and commercialization of enterprises engaged in agriculture, allied and rural non-farm activities.
  • NABKISAN is providing support for livelihood/ income generating activities by extending credit to FPOs, NBFCs, MFIs, Trusts, Societies and Section 25 companies for on-lending to its member SHGs/ JLGs.


NABARD Subsidiaries in Hindi



  • NABSAMRUDDHI Finance Limited (NSFL) (formerly Agri Business Finance Limited) was incorporated under the Companies Act, 1956 on 17 February 1997.
  • It is registered as a Non-Banking Financial Company with the Reserve Bank of India.
  • It has been promoted with equity participation from National Bank for Agriculture and Rural Development (NABARD) (90.68%), the Governments of Andhra Pradesh and Telangana (4.74%), Andhra Bank (1.72%), Canara Bank (0.69%), and others (2.17%), with a Net Worth of INR 178.3 crore as on 31 January, 2020.
  • The objective of NABSAMRUDDHI Finance Limited is to provide credit facilities to individuals and other legal entities such as NBFCs, MFIs, Trusts, NGOs, Corporates, Producers Organisations, SHGs/ JLGs as well as individuals for promotion, expansion, commercialisation and modernisation of enterprises or for activities in agriculture and off farm sector including Microfinance, MSME, housing, education, transport, etc.
  • The Company has positioned itself towards providing various financial products catering to what is called the “missing middle”, i.e., tiny, small and medium enterprises (SMEs) that have very limited access to financial services because they are either too small to access traditional banking services or too big to benefit from microloans. 


  • NABFINS Limited (NABFINS), is a company incorporated under the Companies Act, 1956 and registered with Reserve Bank of India as an NBFC-mFI.
  • It is a subsidiary of National Bank for Agriculture and Rural Development (NABARD) with equity participation from NABARD, Government of Karnataka, Canara Bank, Union Bank of India, Bank of Baroda, Dhanalakshmi Bank and Federal Bank.
  • The Company has been successful in its mission – To be a trusted, client centric financial institution advancing hassle free services to low income households and un-organized sector and vigorously pursue the same.
  • The Company is headquartered at Bengaluru and has all India jurisdictions and has mandate to offer a wide range of financial services for micro finance and rural livelihoods. The main objective of the Company is to provide financial services by providing micro finance and other facilities to needy and disadvantageous sections of the society for securing their prosperity in both rural and urban areas.
  • NABFINS has its presence in southern, western, eastern and central India. It has its footprints in far reachable areas of north-eastern states too. It finds multifaceted avenues in serving the rural households and needy poor either through its direct outreach or reaching them through partner institutions. It also extends financial services through bulk lending (institutional lending) and reaching the rural folk of northern states.
  • It has proved itself as an effective enabler in implementing various social activities be it under its CSR mandate or through its business channels by supporting skill sets of rural youth under Skill Loan vertical or through IFAD assisted Post Tsunami Sustainable Livelihood Programme of Tamil Nadu.

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