law: National Bank for Agriculture and Rural Development Act, 1981 
  Chapter II:
  
  Establishment of the National Bank for Agriculture and Rural Development and
  
  Capital Thereof 
  3. Establishment and
  
  incorporation of National Bank for Agriculture and Rural Development.- 
  1.     
  
    With
  
  effect from such date as the Central Government may, by notification in the
  
  Official Gazette, appoint, there shall be established for the purposes of this
  
  Act, a bank to be known as the National Bank for Agriculture and Rural
  
  Development.
  2.     
  
    The
  
  Bank shall be a body corporate with the name aforesaid having perpetual
  
  succession and a common seal with power, subject to the provisions of this Act,
  
  to acquire, hold and dispose of property and to contract, and may by that name
  
  sue and be sued.
  3.     
  
    The
  
  head office of the National Bank shall be at Bombay or at such other place as
  
  the Central Government may, by notification, specify.
  4.     
  
    The
  
  National Bank may establish offices, branches or agencies at any place in
  
  India, and with the previous approval of the Central Government and in
  
  consultation with the Reserve Bank, at any place outside India.