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Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State
The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on 26th September, 1975 and Regional Rural Banks Act, 1976 with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural ...
Name of Regional Rural Bank Sponsor Bank State; 1: Andhra Pragathi Grameena Bank: Canara Bank: Andhra Pradesh: 2: Chaitanya Godavari Grameena Bank: Union Bank of India: Andhra Pradesh: 3: Saptagiri Grameena Bank: Indian Bank: Andhra Pradesh: 4: Arunachal Pradesh Rural Bank: State Bank of India: Arunachal Pradesh: 5: Assam Gramin Vikash Bank ...
In this article, we bring to you the list of Regional Rural Banks in India and Public sector banks sponsoring them. With a total of 56 RRBs in India, candidates across the country look forward to get recruited in one of these and join the banking sector.
Jun 13, 2023 · The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on 26th September, 1975 and Regional Rural Banks Act, 1976 with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural ...
Apr 27, 2023 · The Regional Rural Banks, or RRBs, are the third layer of commercial banking organization, after commercial and cooperative banks. The RRBs were established as per the recommendations of the Narasimham Committee to cater to the rural credit needs of the farming and other rural communities.
The National Bank for Agriculture and Rural Development (NABARD) is an All India Financial Institution (AIFI) and an apex Supervisory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India.
