National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 under an Act of Parliament i.e.Nabard Act, 1981. It has paid up capital of Rs 2000 crore held by Government of India and Reserve Bank of India.
Late Shri Dilip P Samel was not only my good friend and my development officer in LIC but also my guide and mentor in the insurance business. A thorough task master who never lost his temper will always be remembered as the person who stood by us when in trouble, at the same time driving us to exploit the full hidden potential in all of us. All the agents who trained with him will never forget his commitment and understanding of the insurance industry and his views on the Concept of Insurance. He never encouraged us to sell insurance as a commodity but as a relationship which would go on forever. His insistence on making each policy holder feel at home and at ease with the agent will never be forgotten. Though he left us after an unfortunate accident during a mountain trek (his second passion after insurance), his thoughts and knowledge will forever be with us, to guide in our endeavor to make insurance a necessity and must for every citizen in the country.
Gulam Rasool Chawl, Opposite Kulkarni Hospital, Jogeshwari East , Jogeshwari East Mumbai - 400060, Maharashtra, India
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