NAFCARD held its 185th Board Meeting and Annual General Meeting on 31st August 2026 at Hotel Holiday Inn, Jaipur. A Workshop on Restructuring of ARDBs was also held in conjunction with the Board Meeting.  These events were hosted by Rajasthan RSBVB under the guidance of Administrator Shri Rajendra Kumar Meena and Managing Director Shri Jitendra Prasad. The Board Meeting was chaired by Shri Dolar Kotecha, Chairman, NAFCARD and was attended by other senior members including Dr. Bijender Singh, Delhi; Shri Sanjay Singh Chauhan, Himachal Pradesh; Shri Dalip Singh Yadav, Haryana; Dr. Vivek Singh Tomar, Uttar Pradesh, Adv. Shri C.K. Shajimohan, Kerala; Shri Subhash Chand Kalsana, Haryana etc. The Board in this meeting reviewed the progress of ongoing major initiatives in the sector including Central Sector Scheme for Computerisation, restructuring and reforms recommended in the study undertaken by the MOC through NABCONS etc. The Board observed that there is significant delay in finalizing the Common Software as part of Computerisation scheme and resolved to request NABARD which is the implementing agency and MOC to address this issue on priority. The Board in this meeting approved a ranking framework to evaluate the performance of member banks every year and selecting banks for its annual awards for outstanding performance. The meeting also considered the issue of exclusion of ARDBs from the benefits of interest subvention and credit guarantee support under Agriculture Infrastructure Fund (AIF) and requested Govt. of India & NABARD to consider the long pending demand for extending AIF to ARDBs positively.

NAFCARD also organized a Workshop on ‘Restructuring of ARDBs’ in conjunction with the Board Meeting, which was attended by 22 delegates from member banks in various States. The workshop welcomed the proposal to consider sustainably viable ARDBs for giving banking license, but requested to take a cautious approach with regards to merger of currently viable SCARDBs and PCARDBs with SCBs and DCCBs, respectively and also liquidation of unviable PCARDBs on account of its unaffordable financial impact on SCARDBs and State Govts.