Quick Facts of RBI and NABARD

Reserve Bank of India

• Founded - April 1, 1935
• Headquarter - Mumbai, India
• Governor - Shaktikanta Das
• Subsidiaries - 

1. Deposit Insurance and Credit Guarantee Corporation (DICGC)
2. Bhartiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
3. Reserve Bank Information Technology Private Limited  (ReBIT)
4. Indian Financial Technology and Allied Services (IFTAS)

Note - Former governor of RBI Urjit Patel has been appointed as the chairman of New Delhi based economic think tank National Institute of Public Finance and Policy (NIPFP) for a period of 4 years.

National Bank for Agricultural and Rural Development (NABARD)

• Founded - July12, 1982
• Headquarter - Mumbai, India
• Chairman - G.R. Chintala
• Subsidiaries - 

1. NABAVENTURES Limited
2. Nabard Finacial Serviced Limited  (NABFINS)
3. NABARD Consultancy Services  (NABCoNS)
4. NABKISAN Finance Limited (NKFL)

Important - NABARD was established on the recommendation of Institutional Credit for Agriculture and Rural Development (CRAFICARD) committee. RBI constituted a committee to review the arrangements for CRAFICARD. The committee was formed on 30 March 1979, under the chairmanship of B.Sivaraman, a former member of Planning Commission, Government of India.