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  2. Sl.No. 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

  3. In January 2013, 25 RRBs were amalgamated into 10 RRBs, totaling 67 RRBs. [7] In March 2016, there were 56 RRBs, covering 525 districts with a network of 14,494 branches. [ 8 ] As of 1 April 2020, there are 43 RRBs in India.

  4. Regional Rural Banks (RRBs) are Indian Scheduled Commercial Banks (Government Banks) operating at regional level in different States of India established on 2 October 1975. There are 43 regional rural banks in India as of 1 January 2022.

  5. 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 ...

  6. May 26, 2024 · According to the National Bank for Agriculture and Rural Development (NABARD), RRBs have created over 4 million jobs through their credit and support to small-scale industries. RRBs impact can also be gauged from the role they have played in promoting financial inclusion in rural areas.

  7. At present, there are 43 RRBs in the country and each of them is sponsored by the government of India in collaboration with the state government and sponsor bank. Download Best 4000 Smart Question For Bank Free Ebook - Click Here !