DFS approves viability plan 2.0 to improve operational efficiency of RRBsThe Department of Financial Services has approved Viability Plan 2.0 for Regional Rural Banks. This three-year plan, from 2025-26 to 2027-2...
05 May, 2026, 09.51 PM IST
'One state-one RRB' to be effective from May 1 as FinMin approves consolidation of 15 regional rural banksThe finance ministry is set to consolidate 15 Regional Rural Banks across 11 states starting next month, aiming for enhanced operational ef...
08 Apr, 2025, 02.43 PM IST
India proposes merging regional rural banks to help them shore up capital, document showsIndia's government has put forward a proposal to consolidate the country's regional rural banks from 43 down to 28. This move aims to bolst...
05 Nov, 2024, 04.50 PM IST
Improve credit delivery in rural areas: DFS Secretary to RRBsThe finance ministry has urged Regional Rural Banks (RRBs) to improve their financial inclusion and credit delivery in rural areas. During ...
12 May, 2023, 09.49 PM IST
Lower refinance rates in the works for Regional Rural BanksThe government has directed banks to formulate a clear roadmap in a time-bound manner to strengthen the RRBs (Regional Rural Banks) to supp...
25 Oct, 2022, 11.52 PM IST
Government to work out a revamp plan for regional rural banksAt present there are 43 RRBs in the country, and the government is keen to have one large regional rural bank for each state. "There is a s...
27 May, 2022, 12.32 AM IST
RRB employees to observe one-day strike on September 27 against govt's divestment planThe central government holds 50% in each of the RRBs while their respective sponsor banks hold 35%. The balance 15% in RRBs is held by the ...
25 Sep, 2021, 05.02 PM IST
Nabard disburses Rs 20,500 crore to coop banks, RRBsThis amount, is part of the Rs 25,000 crore of special refinance facility provided by the Reserve Bank of India (RBI) to Nabard for refinan...
18 May, 2020, 09.36 PM IST
CCEA approves recapitalisation of RRBsInformation and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will improve their Capital to Risk Weighted A...
26 Mar, 2020, 12.22 AM IST
Consolidation of regional rural banks on government agendaIndia is eyeing a mega revamp of its regional rural banks and the plan includes consolidation.
24 Jul, 2019, 06.14 AM IST
Corrective action for rural banks on cardsRRBs will have to slow down business if their capital adequacy falls below 9%, net non-performing assets ratio rises over 10% of total adva...
11 Apr, 2018, 09.58 AM IST
Narendra Modi government directs rural banks told to cut jobs, outsource operationsThe decision may not force RRBs to lay off people but these banks which collectively employ around 80,000 at present would need to downsize...
20 Mar, 2015, 09.19 AM IST
CCI probes RRBs’ merger promoted by Syndicate Bank, PNB for possible breach of normsThe case is being examined under the combination provision of the Competition Act 2002, the official said, requesting anonymity.
28 Nov, 2014, 09.08 AM IST
- Asim Dasgupta, the former finance minister of West Bengal, wants to separate RRBs from sponsor banks
Sponsor banks hold 35% interest in respective RRBs. The central government holds 50% equity with state governments the balance 15%.
04 Jun, 2012, 12.47 PM IST
- PSBs will get to sever ties with regional rural banks
The government may allow public sector banks to exit from regional rural banks, or RRBs, they sponsored if they are not keen on investing m...
19 Jan, 2011, 01.54 AM IST
- Pay parity between RRB and PSU bank employees
Government today asked regional rural banks (RRBs) to introduce revised pay structure for their employees on par with PSU banks from Novemb...
25 Jul, 2010, 11.03 PM IST
- RRBs chairmen summoned to review technology updation progress
Finance ministry has summoned chairmen of select RRBs and senior executives of public sector banks in Delhi on April 27 to review the progr...
24 Apr, 2009, 10.38 PM IST