- Established on 2d Oct 1975 on the recommendation of R. G. Sarayya Committee.
- To extend finance to Rural Areas.
- 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