Friends, inwards this postal service nosotros shall verbalize over close the basic points you lot should know close Regional Rural Banks (RRBs). CWE for RRB (Regional Rural Banks ) PO together with Clerical Exams. These points volition hold out helpful for you lot inwards your upcoming IBPS PO / Clerks together with IBPS RRB PO / Clerks Exams. Previously NABARD takes responsibilities for Recruiting the Staff inwards RRB’s. And used to behave the Individual Exams together with Interviews for the Recruitment. Now this was changed together with IBPS taken the rights to behave Common written assay together with Interviews for Regional Rural Banks. All The Best 🙂
Regional Rural Banks (RRBs) – The History
Rural banking inwards Republic of Republic of India started since the establishment of banking sector inwards India. Regional Rural Banks were fix later nationalizations of banks inwards 1969 when emphasis shifted to providing to a greater extent than credit to weaker sections. Regional Rural Banks were established nether the provisions of an Ordinance promulgated on the 26th September 1975 and the RRB Act, 1976 amongst an objective to ensure sufficient institutional credit for agriculture together with other rural sectors. Rural Banks inwards those days mainly focused upon the Agro Sector. Regional rural banks inwards Republic of Republic of India penetrated every corner of the reason together with extended a helping paw inwards the increase procedure of the country.
Here is the Complete listing of 82 Regional Rural Banks(RRB) in Republic of Republic of India past times Sate wise which are participating inwards IBPS RRB Exam :
Andhra Pradesh Grameena Vikas Bank (APGVB)
Andhra Pragathi Grameena Bank
Deccan Grameena Bank
Chaitanya Godavari Grameena Bank
Saptagiri Grameena Bank
Arunachal Pradesh Rural Bank
Assam Gramin Vikash Bank
Langpi Dehangi Rural Bank
Madhya Bihar Gramin Bank
Bihar Kshetriya Gramin Bank
Uttar Bihar Kshetriya Gramin Bank
Kosi Kshetriya Gramin Bank
Samastipur Kshetriya Gramin Bank
Chhattisgarh Gramin Bank.
Surguja Kshetriya Gramin Bank
Durg-Rajnandgaon Gramin Bank
Dena Gujarat Gramin Bank
Baroda Gujarat Gramin Bank
Saurashtra Gramin Bank
Harayana Gramin Bank
Gurgaon Gramin Bank
Himachal Gramin Bank
Parvatiya Gramin Bank
Jammu & Kashmir
Jammu Gramin Bank (Merger of Jammu Rural together with Kamraz Rural Banks)
Ellaquai Dehati Bank
Jharkhand Gramin Bank
Vananchal Gramin Bank
Karnataka Vikas Grameena Bank
Pragathi Gramin Bank
Cauvery Kalpatharu Grameena Bank
Krishna Grameena Bank
Chimagalur-Kodagu Grameena Bank
Visveshvaraya Gramin Bank
South Malabar Gramin Bank
North Malabar Gramin Bank
Narmada Malwa Gramin Bank
Satpura Kshetriya Gramin Bank
Madhya Bharath Gramin Bank
Chambal-Gwalior Kshetriya Gramin Bank
Rewa-Sidhi Gramin Bank
Sharda Gramin Bank
Ratlam-Mandsaur Kshetriya Gramin Bank
Vidisha Bhopal Kshetriya Gramin Bank
ahakaushal Kshetriya Gramin Bank
Jhabua Dhar Kshetriya Gramin Bank
Marathwada Gramin Bank
Aurangabad-Jalna Gramin Bank
Wainganga Kshetriya Gramin Bank
Vidharbha Kshetriya Gramin Bank
Solapur Gramin Bank
Thane Gramin Bank
Ratnagiri-Sindhudurg Gramin Bank
Manipur Rural Bank
Ka Bank Nogkyndong Ri Khasi-Jaintia
Mizoram Rural Bank
Nagaland Rural Bank
Kalinga Gramya Bank
Utkal Gramya Bank
Baitarani Gramya Bank
Neelachal Gramya Bank
Rushikulya Gramya Bank
Punjab Gramin Bank
Faridkot-Bhatinda Kshetriya Gramin Bank
Malwa Gramin Bank
Baroda Rajasthan Gramin Bank
Marwar Ganganagar Bikaner Gramin Bank
Rajasthan Gramin Bank
Jaipur Thar Gramin Bank
Hodoti Kshetriya Gramin Bank
Mewar Anchalik Gramin Bank
Pandyan Grama Bank
Pallavan Grama Bank
Tripura Gramin Bank
Purvanchal Gramin Bank
Kashi Gomti Samyut Gramin Bank
Uttar Pradesh Gramin Bank
Shreyas Gramin Bank
Lucknow Kshetriya Gramin Bank
Ballia Kshetriya Gramin Bank
Aryavart Gramin Bank
Kisan Gramin Bank
Kshetriya Kisan Gramin Bank
Etawah Kshetriya Gramin Bank
Rani Laxmi Bai Kshetriya Gramin Bank
Baroda Western Uttar Pradesh Gramin Bank
Devipatan Kshetriya Gramin Bank
Baroda Eastern Uttar Pradesh Gramin Bank
Uttaranchal Gramin Bank
Nainital Almora Kshetriya Gramin Bank
Bangiya Gramin Vikash Bank
Paschim Banga Gramin Bank
Uttar Banga Kshetriya Gramin Bank
Objectives of Regional Rural Banks :
The importance of the rural banking inwards the economical evolution of a reason cannot hold out overlooked. As Gandhiji said “Real Republic of Republic of India lies inwards Villages,” together with hamlet economic scheme is the backbone of Indian economy. Without the upliftment of the rural economic scheme every bit good every bit the rural people of our country, the objectives of economical planning cannot hold out achieved. In fact, the existent increase of Indian economic scheme lied inwards the freeing of rural masses from acuate poverty, unemployment, together with socio-economic backwardness.
Regional Rural Banks (RRBs) are oriented towards coming together the needs of the weaker sections of the rural population consisting of :
Small together with marginal farmers,
Mobalise deposits from rural households
RRBs are expected to brand credit available to rural households also inspiring carefulness. Put it unproblematic to ensure sufficient institutional credit for agriculture together with other rural sectors.
The Credit Delivery System :
Grant of credit at inexpensive or concessional rates
Lending to individuals belonging to weaker sections without checking the viability of the action proposed to hold out undertaken.
The Operational Area of RRB “
The expanse of functioning of RRBs is express to the expanse every bit notified past times GoI roofing 1 or to a greater extent than districts inwards the State.
Ownership of RRBs :
RRBs are jointly owned past times Government of Republic of Republic of India (GOI), the concerned State Government together with Sponsor Banks (27 scheduled commercial banks together with 1 State Cooperative Bank); the issued majuscule of a RRB is shared past times the owners inwards the proportion of 60%, 20% together with 20% respectively.
Reform Process – RRBs
In companionship to render access to low-cost banking facilities to the poor, the Narasimham Working Group (1975) proposed the establishment of a novel laid of banks, every bit institutions which “combine the local experience together with the familiarity amongst rural problems which the cooperatives possess together with the grade of job organisation organization, might to mobilize deposits, access to key coin markets together with modernized outlook which the commercial banks have”.
RRBs started their evolution procedure on sec Oct 1975 amongst the formation of a unmarried banking concern (Prathama Grameen Bank). As on 31 March 2006, in that place were 133 RRBs (post-merger) roofing 525 districts amongst a network of 14,494 branches.
With a thought to facilitate RRBs operations, the RBI gave RRBs straight access to refinance assistance at a concessional rate of 3 per cent below the banking concern rate.
Allowed to maintain a lower flat of SLR than commercial banks.
Allowed to pay one-half per cent to a greater extent than interest on all deposits except those of 3 years together with above.
Sponsor banks IDBI, NABARD, SIDBI, together with other FIs are statutorily required nether the RRBs Act to provide managerial together with fiscal assistance to RRBs.
Evaluation of RRBs
The Committee constituted past times the RBI inwards June 1977 to valuate the performance of RRBs concluded that amongst merely about modifications inwards their organisation together with structure. The Committee to Review Arrangements for Institutional Credit for Agriculture together with Rural Development which inter alia examined the purpose of RRBs inwards the rural evolution work, suggested the next :
Preference for opening banking concern branches than commercial banks
The eligible job organisation of commercial banks’ rural branches may hold out transferred to RRBs.
The losses inwards initial years of RRBs may hold out met past times shareholders together with equity majuscule should also hold out raised.
The diverse facilities provided past times sponsor banks should proceed for 10 yrs inwards each case
Concessionary refinance past times RBI should hold out continued
The control, regulation, together with promotional responsibilities should hold out transferred from the GOI to RBI or NABARD.
RRBs are allowed upward to Dec 31, 2000 to maintain cash reserves at 3 per cent of their demand together with fourth dimension liabilities. A number of measures were taken since 1995 non exclusively to brand RRBs feasible but also to enable them to component effectively.
Apart from recapitalisation together with infusion of equity, the measures include :Deregulation of involvement rates on advance together with deposits of higher upward 1 twelvemonth maturity; rationalization of branches; together with relaxation of norms relating to investments past times RRBs.
In 1998-99 NABARD introduced several policy measures for improving overall performance.
They are :
Quarterly / one-half yearly review of RRBs specially weak ones past times the sponsor banks
Merger of RRBs coming nether a sponsor banking concern together with operating inwards contiguous areas
Framing of Appointment together with Promotion rules (1998) for the staff of RRBs
Introduction of Kissan Credit Cards for provision of credit to farmers.
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