Department of Subsidiaries and Strategic Investments
1. Genesis
The Department of Subsidiaries and Strategic Investment was created on August 4, 2014 with the objective of providing focused attention to the strategic investments of NABARD in its subsidiaries, equity investments and contributions to Alternative Investment Funds.
2. Core Functions of the Department
- To guide and monitor all financial, developmental and policy related aspects of the subsidiaries of NABARD, institutions/companies where equity investment were made and invest in AIF
- To make new strategic investments in consultation with concerned Departments, if any, as also to optimise return on investments
- To explore enhancement or reduction of investments in existing strategic investments
- To make nominations for participation in the Boards of existing subsidiaries/companies
- To periodically monitor existing investments
- To review policy for Investment in Alternative Investment Funds and Strategic Investments in consonance with SEBI Regulations, RBI guidelines etc
Contact Information
Shri D N Magar
Chief General Manager
2nd Floor, 'D' Wing
C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051
Tel: (91) 022-26530095
Fax: (91) 022-26530099