<h1>Government Approves Rs. 670 Crore Recapitalization for Regional Rural Banks to Maintain 9% CRAR Through 2020-21.</h1> The Cabinet Committee on Economic Affairs has approved the continuation of recapitalization for Regional Rural Banks (RRBs) to help them maintain a minimum Capital to Risk Weighted Assets Ratio (CRAR) of 9% through 2020-21. A total of Rs. 670 crore will be provided by the central government, contingent on sponsor banks matching the funds. This move aims to strengthen RRBs, enabling them to meet rural credit needs, particularly for small farmers and enterprises. The recapitalization scheme, initiated in 2011, has been extended to ensure RRBs remain viable and continue supporting rural livelihoods.