The National Bank for Agriculture and Rural Development Act, 1981 (NABARD Act) - Complete Bare Act with All 52 Sections | Law on Tips | Law on Tips
The National Bank for Agriculture and Rural Development Act, 1981 (NABARD Act) is an Indian legislation passed by the Parliament of India. An Act to establish NABARD for providing and regulating credit and other facilities for the promotion and development of agriculture. It contains 52 sections organized across 10 chapters.
The National Bank for Agriculture and Rural Development Act, 1981
The National Bank for Agriculture and Rural Development Act, 1981
"An Act to establish NABARD for providing and regulating credit and other facilities for the promotion and development of agriculture."
Overview
What is The National Bank for Agriculture and Rural Development Act, 1981 (NABARD Act)?
The The National Bank for Agriculture and Rural Development Act, 1981 (NABARD Act) is an Indian legislation containing 52 sections across 10 chapters. An Act to establish NABARD for providing and regulating credit and other facilities for the promotion and development of agriculture.
Sections52 across 10 chapters
Jurisdiction
Republic of India
Passed byParliament of India
AbbreviationNABARD Act
Verified by Law on Tips Editorial Team · Browse the complete table of contents below
Term of office of Managing Director and whole-time directors, conditions of service, etc .-(1) The Managing Director and any whole-time director appointed under sub-section (3) of section 6 shall,
Indemnity of directors .-(1) Every director shall be indemnified by the National Bank against all losses and expenses incurred by him in, or in relation to, the discharge of his duties, except such as are caused by his own wilful act or default