Praveen Kumar Appointed as New Chairman of NABARD.

Appointments | Dated: 10 Apr 2026

The Appointments Committee of the Cabinet officially approved the deeply critical appointment of senior financial administrator Praveen Kumar as the new Chairman of the National Bank for Agriculture and Rural Development (NABARD).

🎯 Key Highlights:

  • He officially succeeds Shaji K. V. following the successful completion of his tenure.
  • He is strictly mandated to enhance credit flows to rural agri-tech startups.
  • NABARD operates as the absolute apex regulatory body for regional rural credit.

💡 Other Important Facts:

  • Appointee: Praveen Kumar.
  • Role: Chairman.
  • Organization: NABARD.

📚 Test Your Knowledge:

Who has been recently appointed as the new Chairman of the National Bank for Agriculture and Rural Development (NABARD) to enhance rural credit?

Correct Answer: Praveen Kumar

🚀 Quick Recap:

About NABARD

  • Full Form - National Bank for Agriculture and Rural Development
  • Headquarters - Mumbai, Maharashtra