Regional Rural Banks (Rrbs)

Here are about Important points close Regional Rural Banks (RRBs). It’ll hardly get got five mins to read too recall these points. But are of import for all Banking Exams. Have a Look at these…..

  • Established on 2d Oct 1975 on the recommendation of R. G. Sarayya Committee.
  • To extend finance to Rural Areas.
  • RRBs paid-up upper-case alphabetic quality : Centre 50%; State 15%; Sponsoring Bank 35%
  • No novel RRB was established since Apr 1987 (as recommended yesteryear Vijay Kelkar Committee)
  • At present, at that spot are 82 RRBs inwards the country, afterward mergers alongside 15,612 branches.
  • Profit Making RRBs : 80
  • Loss Making RRBs : 6; 
    • by 31.03.2009 according to RBI report.
  • Bhandari Commission was related to the reconstruction of RRBs

                                                                                                           

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