Consolidation of Regional Rural Banks (RRBs)

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....onsolidation of Regional Rural Banks (RRBs) <br>News and Press Release<br>Dated:- 24-7-2018<br><BR>Ministry of Finance Posted On: 24 JUL 2018 4:05PM by PIB Delhi With a view to enable Regional Rural....

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.... Banks (RRBs) to minimize their overhead expenses, optimize the use of technology, enhance the capital base and area of operation and increase their exposure, the Government has sought comments of res....

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....pective State Governments and Sponsor Banks on a roadmap for Amalgamation of RRBs within a State. The roadmap has been prepared in consultation with NABARD and proposes to bring down the number of RR....

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....Bs to 38 from the present 56. It is expected that the proposed amalgamation of RRBs will bring about better scale-efficiency, higher productivity, robust financial health of RRBs, improved financial i....

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....nclusion and greater credit flow to rural areas. This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha today. **** DSM/RM/KA<BR> Ne....

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....ws - Press release - PIB....