In order to improve their operational efficiency, bring uniformity in accounting practices and core aspects of the systems followed in lending, recovery and raising resources, and to aid in their business expansion, Government has approved the project of computerization of 1,851 units of Agriculture and Rural Development Banks (ARDBs) including their branches and supervisory units with a total outlay of Rs 119.40 crore.
NABARD is the implementing agency for the project and will develop a common national level software for ARDBs. Hardware, support for Digitization of legacy data, training to the employees, etc. will be provided under the project.
In this regard, this Ministry has already circulated the project related guidelines to the States/UTs on 16.11.2023 and have sought proposals from the States/ UTs concerned for this project.
