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Learn about the Regional Rural Banks (RRBs) established in 1975 to provide credit and other facilities to rural areas. Find documents, reviews, rules and list of RRBs functioning in the country.
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State
Apr 27, 2023 · Learn about the RRBs, the third layer of commercial banking organization in India, sponsored by the government and the state governments. Find out their objectives, functions, examples, and regulation by RBI and NABARD.
- The Regional Rural Banks are the scheduled commercial banks that conduct banking activities for the rural areas at the state level.
- The Prathama Grameen Bank was the first bank to be established on 02nd October 1975.
- The RBI and NABARD are responsible to regulate the Regional Rural Banks in India.
- The RRBs provide banking and credit facilities to the rural areas of the country, while the commercial banks are responsible to provide agricultura...
- Presently, 43 Regional Rural Banks in India are operational.
Learn about the 56 Regional Rural Banks operating in various rural areas of India, their sponsor banks and their head offices. Find out how to apply for the IBPS RRB exams for Officers and Office Assistants in RRBs.
- Ans. There are a total of 56 Regional Rural Banks in India .
- Ans. The Reserve Bank of India, which is the central bank of the country is responsible for regulating Regional Rural Banks in India .
- Ans. The following exams are conducted for the Regional Rural Banks : IBPS RRB PO IBPS RRB SO IBPS RRB Clerk
- Ans. Candidates can apply for the various posts under the Regional Rural Banks by visiting the official website of IBPS when the official notificat...
Jun 13, 2023 · The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on 26th September, 1975 and Regional Rural Banks Act, 1976 with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural ...
RRBs are banks formed by the Central Government, State Governments, and Sponsoring Commercial Banks to provide credit to rural areas. Learn about their origin, ownership, regulation, sources of funds, and management in this article.
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What are regional rural banks (RRBs) in India?
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Who regulates regional rural banks in India?
Name of Regional Rural Bank Sponsor Bank State; 1: Andhra Pragathi Grameena Bank: Canara Bank: Andhra Pradesh: 2: Chaitanya Godavari Grameena Bank: Union Bank of India: Andhra Pradesh: 3: Saptagiri Grameena Bank: Indian Bank: Andhra Pradesh: 4: Arunachal Pradesh Rural Bank: State Bank of India: Arunachal Pradesh: 5: Assam Gramin Vikash Bank ...
