National Bank for Agriculture and Rural Development (NAI3ARD) has been accredited with "matters concerning policy, planning and operations in the field of credit for agriculture and oilier economic activities in rural areas in India." NABARD’s refinance is available to Stale Co-operative Agriculture and Rural Development Banks (SCARDBs). State Co-operative Banks (SCBs), Regional Rural Banks (RRBs), Commercial Banks (CBs) and other financial institutions approved by RBI.