Page-2 of Regional Rural Bank

Farmers to avail loans directly from commercial banks

June 19, 2012

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 Regional Rural Banks (RRBs) utilize the infrastructure of primary agriculture cooperative societies, ..

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Union Cabinet approves Rs 632 crore capital infusion in RRBs

June 8, 2012

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 improve their capital adequacy and lending capacity to the agriculture sector. Adopting ..

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Rural banks told to double home loan limit for priority sector

April 28, 2012

The RBI has demanded all RRBs (Regional Rural Banks) to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for lending for the Priority Sector. The increment in the limit will be applicable for the ..

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History of Reserve Bank of India

April 28, 2011

Prior to RBI, all the functions of a central bank were being done by Imperial Bank of India. Imperial Bank of India was established in 1921 via the Imperial Bank of India Act, 1920 which amalgamated three Presidency Banks into ..

Current Affairs March 29, 2010

March 31, 2010

Appointments:Chairperson: National Advisory Council : Sonia GandhiNational Advisory Council of India is an advisory body. It was set up in 2004 to monitor the implementation of the UPA government’s manifesto, the Common Minimum Programme. On 23 March 2006, Sonia Gandhi ..

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