The Government of India (GoI) has amalgamated three Regional Rural Banks (RRB) — Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank — into a single RRB...
Union Ministry of Housing and Urban Affairs launched ‘PAiSA’ – Portal for Affordable Credit and Interest Subvention Access during National Workshop on Municipal Finance and Urban Planning held...
The National Bank of Agriculture and Rural Development (NABARD) has come out with a ‘Prompt Corrective Action (PCA) Framework’ framework for regional rural banks (RRBs). This is similar...
The nationalization of the banks in 1969 boosted the confidence of the public in the Banking system of the country. However, in the early 1970s, there was a...
The Union Cabinet has given its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD allowing them to grant...
The RBI has allowed Regional Rural Banks (RRBs) to open branches in Tier-II cities without asking for permit. As per a notification by RBI, RRBs would be allowed...
Farmers in Maharashtra who are yet to obtain loans from cooperative banks can now expect them from commercial banks. The state govt will soon take measures to assist...
Government approved capital infusion of Rs 632 crore in some RRBs (Regional Rural Banks). Objective: To improve CRAR [Capital to Risk (Weighted) Assets Ratio] for RRBs. Thus to...
