Staff associations of mainstream lenders and regional rural banks at loggerheads over merger proposalThe All India Regional Rural Bank Employees Association strongly opposes the merger proposal, citing concerns about the treatment of RRB em...
01 Jul, 2024, 09.11 PM IST
Govt issues draft guidelines for listing of RRBs; minimum net worth of Rs 300 cr requiredThe RRBs should have a track record of profitability and earned operating profit of minimum Rs 15 crore for at least three out of the previ...
02 Oct, 2022, 11.06 AM IST
Govt drafts rules for IPOs of regional rural banksRRB’s planning to make an initial public offering to raise capital must have at least Rs 300 crore of net worth for the previous three year...
16 Sep, 2022, 06.12 AM IST
Finance Ministry wants PSU banks to bring down government equity to 52%Recently, the Centre has amalgamated three RRBs -- Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank -- into a single RRB with e...
14 Jan, 2019, 04.34 PM IST
RRB employees may have to wait another six months to get their dues, albeit partlyThe final shape of the scheme has failed to satisfy the retired employees as their demand for arrear payment has not been considered.
24 Oct, 2018, 03.07 PM IST
Regional rural banks may get to list on boursesNabard has given its recommendations in an internal note to the government.
11 Apr, 2018, 07.42 PM IST
SBI plans to list two RRBs, merge NE lendersSBI's move comes just months after it took over five associate banks and the Bharatiya Mahila Bank (BMB).
14 Sep, 2017, 11.19 AM IST
Regional rural banks' mergers gets exemption from CCI ambitRegional Rural Banks (RRBs) set up under the RRB Act, 1976 -- provide credit and other facilities to small farmers, agricultural labourers ...
20 Aug, 2017, 01.54 PM IST
BEFI extends support to strike call by RRB employees"The union supports the genuine demands of RRB employees and appeals to the central government to stop privatisation moves," said P Venkata...
09 Mar, 2016, 03.21 PM IST
Government to review perquisites for RRB employeesAbout 82,000 regional rural bank employees have been left in the lurch with the government holding back proposals to pay allowances to them.
25 Aug, 2015, 07.20 PM IST
RRBs with assets less than $175 million not to register with FATCAThe Reserve Bank has exempted Regional Rural Banks with assets less than USD 175 million to register with the US Internal Revenue System un...
28 Jan, 2015, 09.03 PM IST
- Regional Rural Banks lost their lead flagbearer Dilip Kumar Mukherjee
Dilip Kumar Mukherjee, the face of regional rural banks, passed away on Sunday at the age of 76. He was the secretary general of All India ...
31 Mar, 2013, 06.56 PM IST
- ET in Classroom: Regional Rural Banks
The regional rural banks (RRBs) were owned by the central government, the state government and the sponsor bank who held shares in the rati...
17 Aug, 2010, 04.13 AM IST
- RRB takeover: Not an easy pick
Corporates will have a tough time realising their dream of securing bank licences going by the tough conditions that the central bank has p...
12 Aug, 2010, 04.01 AM IST
- CBI gets Rly Board nod to probe scam
THE Railway Board has given permission to CBI to probe the role of Mumbai Railway Recruitment Board chief SM Sharma in the multi-crore rail...
22 Jun, 2010, 07.04 AM IST
- SBI, Central Bank are major sponsors in RRB revival plan
The banks would need to make a collective contribution of Rs 635 crore towards the recapitalisation plan. The Centre has finalised a Rs 1,8...
04 Oct, 2007, 03.13 AM IST
- Regional rural banks may get more freedom
A definite move has been initiated to free regional rural banks (RRBs) from direct hand-holding by sponsor-banks and empower their boards b...
09 Jan, 2007, 12.27 AM IST