Home > Agri GK, Agri-News, Bank Micro-Finance > Dr. Prakash Bakshi has assumed charge as Chairman of the NABARD.

Dr. Prakash Bakshi has assumed charge as Chairman of the NABARD.

Dr. Prakash Bakshi has assumed charge as Chairman of the National Bank for Agriculture and Rural Development (NABARD).

A Doctorate in Economics, Dr. Bakshi started his career as a lecturer at Ravishankar University, Raipur, before joining the Reserve Bank of India in 1979. Before being appointed as NABARD Chairman, he was responsible for designing the Organisational and Business Restructuring of NABARD and spearheading initiatives in cooperative portfolios, core banking solutions for co-operative banks, rural infrastructure and direct financing.

Dr Bakshi was member of the team that designed the ‘Self Help Groups (SHGs) – Bank Linkage Programme’ which is today the largest and fastest growing micro finance programme of the World. He was also associated with the Committee on Cooperative Credit Structuring set up by the Government of India under Prof. Vaidyanathan and has negotiated with the Government of India, ADB, World Bank and KfW for funding the legal and institutional reforms for rural cooperatives.

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