Accounts Department
Information required to be published under Section 4 (1) (b) of the RTI Act

Sr.No.  Particulars Information
(i) Particulars of its organisation, functions and duties Accounts Department
NABARD, Head Office, Mumbai
2nd Floor, 'E' Wing
C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051
Tel: (91) 022-26528474
Fax: (91) 022-26530050
Functions and duties :
  • Formulation of Accounting Policies/Procedures / For recording Accounts and maintenance of books.
  • Coordinating with Statutory Auditors for timely completion of Limited Review at quarterly intervals and Statutory Audit as at the end of the financial year. Publication of the Balance Sheet and Profit and Loss Account of the Bank financial results.
  • Preparation of Administrative and Capital Expenditure Budget estimates- Review of expenditure vis a vis budget approved at quarterly interval to maintain control over expenditure.
  • Dealing with matters relating to Corporate     Income Tax related issues, Tax Audit and Wealth tax
  • Preparation of ALCO policy document. Review of ALM of the Bank on fortnightly/monthly intervals. Fixing of Interest Rate.
  • (i) Monitoring and review of market risk in the investment portfolio 
    (ii) Contingent Fund planning
    (iii) Transfer price mechanism & Profit Center evaluation.
(ii) The powers and duties of its officers and employees
As per NABARD Staff Rules and NABARD Expenditure Rules, 2008 available at the below links
(iii) Procedure followed in the decision making process, including channels of supervision and accountability
Hierarchy based decision making process with group approach is adopted for performing the functions of the department. As at below links
(iv) Norms set by it for the discharge of its functions As at link:Click here
(v) Rules, regulations, instructions, manuals and records, held by it or under its control or used by its employees for discharging its functions.
(vi) A statement of the categories of documents that are held by it or under its control Documents relating to Balance Sheet and Profit and Loss Account are held by the department under its control.
(vii) Particulars of any arrangement that exists for consultation with or representation by the members of the public in relation to the formulation of its policy or implementation thereof Not Applicable
(viii) A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public Not Applicable
(ix) A directory of its officers and employees Directory of its officers and employees
(x) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations Monthly remuneration
(xi) Budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made Not Applicable
(xii) Manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes Not applicable
(xiii) Particulars of recipients of concessions, permits or authorisations granted by the organisation Not applicable
(xiv) Details in respect of the information available to or held by it, reduced in an electronic form The information relating to Balance Sheet and Profit and Loss Account of the Bank and half yearly financial results are available on the public domain  
(xv) Particulars of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use Information is available on the public domain at below link: Click here


(xvi) The names, designations and other particulars of the Public Information Officers Available at the link: Click here
(xvii) Such other information as may be prescribed and thereafter update these publications every year. The particulars indicated at item (xiv) are updated on half yearly basis.