These institutions were an innovation in providing banking services to. July september, 2014 issn 2322 0899 regional rural. Annual reports balance sheets of regional rural banks,2014. To trace the origin and growth of regional rural banks of india. Performance evaluation of regional rural banks rrbs in india. A regional rural bank is popularly known as gramin bank. Regional rural banks were established under the provisions of an ordinance passed on 26 september 1975 and the rrb act 1976 to provide sufficient banking and credit facility for agriculture and other rural sectors. This act allowed the government to set up banks from time to time wherever it considered necessary. Jun 07, 2018 a total of 56 regional rural banks rrbs are participating in this massive recruitment drive by ibps and the vacancy details of the same is available on the official notification. Mar 10, 2015 regional rural banks came into existence on gandhi jayanti in 1975 with the formation of a prathama grameen bank. As a result, five regional rural banks were set up on 2 october 1975,gandhi jayanti. The main objective of the present study is to assess the performance of kisan credit card kcc scheme by the regional rural banks in punjab.
Indtroduction rural banking in india started since the establishment of banking. Mar 24, 2020 regional rural banks rrbs are the indian scheduled commercial government banks operating at regional level in different states of india. Performance of kisan credit card scheme by regional rural. In 1969 after nationalization of banks in india the banking system started to boost. The said act was amended from time to time and the last amendment was in the year 2005. A study on indian rural banking industryissues and challenges. The government of india promulgated the regional rural banks ordinance on26th september 1975, which was later replaced by the regional rural bank act1976. The performance of regional rural banks rrbs in india. Dantwala committee report on the rrbs and their role of in the rural credit. A total of 56 regional rural banks rrbs are participating in this massive recruitment drive by ibps and the vacancy details of the same is available on the official notification. It was subse quently replaced by regional rural banks act of 1976 dated february 9, 1976.
The basic difference bw them are in their holding pattern. The success of rural credit in maharashtra is largely depends. However, rrbs may have branches set up for urban operations and their area of operation may include urban areas too. Problems and prospects of regional rural banks in india.
Regional rural banks came into existence on gandhi jayanti in 1975 with the formation of a prathama grameen bank. Pdf a comparative study of regional rural banks in. The nationalization of banks in 1969, entry of commercial banks and emergence of regional rural banks in 1975 gave wider reach to short term delivery system in the country. Rrbs were expected to evolve as specialized rural financial institutions for developing the. Rrbs were configured as hybrid micro banking institutions, combining the local orientation and small scale lending culture of the cooperatives and the business culture of commercial banks. These regional rural banks rrbs have been receiving a high degree of importance and attention in the rural credit system. Rrb regional rural bank is a commercial bank which is owned by our indian government. The agencies supplying rural finance may be classified into two broad categories, namely, a private lenders or noninstitutional agencies and b institutional agencies. Regional rural banks act was passed in 1976 which aimed to set up rrbs to provide sufficient banking and credit facility for agriculture and other rural sectors. Jul 24, 2019 in 2015, the government had passed the regional rural banks amendment bill to enhance the authorised and issued capital of rrbs. The regional rural banks were established with a view to develop such type of banking institutions which could function as a commercial organization in rural areas.
Aug 20, 2019 ibps rrb exam is designed only for those skilled young graduates, who are seeking the employment opportunities in indian regional rural banks. Regional rural bank has takes part in the development of our indian economy. Since their inception, regional rural banks rrbs have taken deep roots and have become a sort of inseparable part of the rural credit structure in india. Regional rural banks are indian scheduled commercial banks operating at regional level in different states of india. The regional rural banks would be a model financial infrastructure for rural development with patronage and encouragement given by planners in the field. The regional rural banks act, 1976 provides for the incorporation, regulation and windingup of regional rural banks. Regional rural banks comes under scheduled commercial banks. Regional rural banks plays a vital role in the agriculture and rural development of maharashtra. Regional rural banks in india were established in 1975 with the recommendations of the narshimham committee under rrb act 1976. List of regional rural bank rrbs state wise pdf download. Regional rural banks in india top bank exam tutorials in. The performance of regional rural banks rrbs reserve bank.
Download the list of regional rural bank rrbs under ibps. The idea of establishing regional rural banks was mooted in the twenty point economic programme of july 1975 to cater to the credit needs of rural people. Thus, the state sponsored, regionally based and rural oriented commercial banks have taken birth in rural india which popularly known as regional rural banks. Policy paper regional rural banks and financial inclusion sidbi. Regional rural banks rrbs were established in 1975 under the provisions of the ordinance promulgated on 26thsept1975. Inception of regional rural banks rrbs can be seen as a unique experiment as well as experience in improving the efficacy of rural credit delivery mechanism in india. It is conducted for recruitment to regional rural banks rrbs or gramin banks. Regional rural banks rrbs were established in 2nd october,1975 under the provisions of the ordinance promulgated on the 26th september 1975 and followed by regional rural banks act, 1976 with the aim of developing rural economy in all areas like agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, etc. An act to provide for the incorporation, regulation and winding up of regional rural banks with a view to developing the rural economy by providing, for the purpose of development of. Amuthan excel business school, salem banks play an important role in mobilization and allocation of resources in our country.
Aug 24, 20 the total number of regional rural banks functioning in the country as at the end of june1999 was 196 covering 451 districts spread over 23 states with the network of14,467 branches these banks have been established by the government of india in terms of the provisions of regional rural banks act, 1976. A study on merger impacts of regional rural banks in india isbn. Three up regional rural banks to be amalgamated 28 nov, 2019, 08. The rrbs were owned by three entities with their respective shares as follows. Pdf the performance of regional rural banks rrbs in india. Regional rural banks in india as asked in ibps regional rural banks are special financial intermediaries that have been formed to cater to the needs of rural masses and weaker sections of the society. They are created with a mandate to provide essential or basic banking and financial services to the rural areas. Ibps rrb exam is designed only for those skilled young graduates, who are seeking the employment opportunities in indian regional rural banks. Regional rural banks also rrbs, whose development process was. The narasimhan committee proposed the establishment of regional rural banks in 1975 as a. Banking regulation act,1949 brought cooperative banks and regional rural banks under the.
Regional rural banks rrbs shivusira students career guide, part time job opportunities, life time income earning opportunities, mast fun and entertainment. Regional rural banks are basically, banking organisation for local level operations across the states in india. In this article, our team provides you the list of all regional rural banks rrbs and their states of operation and their sponsor banks. Visit once and stay connected rrbs rural banking in india started since the establishment of banking sector in india. Jun 10, 2018 list of regional rural banks in india. In view of growing business of the regional rural banks and expansion of their role. The rrbs have more reached to the rural area of india. The rrbs have more reached to the rural area of maharashtra, through their huge network. A study on merger impacts of regional rural banks in india.
Pdf regional rural banks plays a vital role in the agriculture and rural development of india. Performance evaluation of regional rural banks rrbs in india by. The growth of regional rural banks rrbs during the period 200510. Regional rural banks plays a vital role in the agriculture and rural development of india. List of regional rural banks in india 2018 list of rrbs.
The agencies supplying rural finance may be classified into two broad categories, namely, a private lenders or. The regional rural banks act 1976 provide for incorporation, regulation and winding up regional rural banks 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 areas, credit and other facilities, particularly to the small and marginal farmers, agricultural labourers. The genesis of the rrbs can be traced to the need for a stronger institutional arrangement for providing rural credit. Commercial banks, mostly public sector banks but also some private sector banks and regional rural banks rrbs together have more than 32,000 rural branches india also has a vast network of rural cooperative banks, with a three tiered structure at the state, district, and village levels. The preliminary examination will be organized in the months of augustseptember 2018. The regional rural banks act 1976 provide for incorporation, regulation and winding up regional rural banks 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 areas, credit and other facilities, particularly to the small. Thorat is regional director of the reserve bank and former additional. The area of operation of rrbs is limited to the area as notified by government of india covering one or more districts in the state. The development process of rrbs started with the promulgation of an ordinance promulgated on 26th september 1975 which later on was replaced with regional rural bank act, 1976 with an objective to ensure. With joint share holding by central government, the concerned state.
Ibps rrb previous year question paper helps for the participants who are preparing for rrb bank exam. Rrbs were set up after nationalizations of banks in 1969 when emphasis shifted to providing more credit to. As gandhiji said real india lies in villages, and village economy is the backbone of. Regional rural banks rrbs are indian scheduled commercial banks government banks. Conference paper pdf available july 2011 with 1,937 reads. There are 56 regional rural banks in india and amongst those, only 45 rrbs will participated in 2019. Regional rural banks in india penetrated every corner of the country and extended a helping hand in the growth process of the country. Hello readers, in this post you will study about list of regional rural banks in india 2018 rrbs in india. The regional rural banks, whose development process was started in october 2, 1975. Regional rural banks rrbs are the indian scheduled commercial government banks operating at regional level in different states of india.
Regional rural banks rrbs were established in 2nd october,1975 under the provisions of the ordinance promulgated on the 26th september 1975 and followed by regional rural banks act, 1976 with the aim of developing rural economy in all areas like agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to small and. They have been created with a view of serving primarily the rural areas of india with basic banking and financial services. Bank of india and its seven subsidiaries and establishment of 196 regional rural banks to meet the changing needs of the rural sector patel. Be it enacted by parliament in the sixtyfourth year of the republic of india as follows. Regional rural bank designed to develop the rural areas of india.
List of 56 regional rural bank rrbs in india state. Regional rural banks have been in existence for around three decades in the indian financial scene. Regional rural banks vs cooperative banks bankexamstoday. Regional rural banks were conceived as low cost institutions having a rural ethos, local feel and pro poor focus. The main objective of the present study is to assess the performance of kisan credit card. Agriculture and rural sector play an important role in indias overall development. Regional rural banks in india s mainly focussed upon the agro sector. Rural people in india are still facing problems for inadequate supply of credit. Organisational structure of regional rural banks 3. Thus, the state sponsored, regionally based and rural oriented commercial banks have taken birth in rural india. An act to provide for the incorporation, regulation and winding up of regional rural banks with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce. The major challenges to regional rural banks rrbs is to provide basic banking services to rural and sub. The regional rural banks were owned by the central government, the state government and the sponsor bank who held shares in the ratios as follows central government 50%, state. The regional banks that will be participating in ibps rrb recruitment 2019 has been mentioned below.
The plan that the finance ministry is drawing up also envisages rrbs adopting differentiated banking strategies, such as targeting specific sectors, for a strong regional connect. The trend towards inclusive banking again got a shot in the arm in the mid1970s when a new set of commercial banks, the regional rural banks rrbs, were introduced to improve the efficacy of the rural credit delivery mechanism. Organisation, functions and management of regional rural. The launch of regional rural banks rrbs can be seen as a unique experiment and experience.
The regional rural banks act 1976 provide for incorporation, regulation and winding up regional rural banks with a view. Regional rural banks rrbs were formed through rbi act of 1976 to provide the credit to the rural poor. A large strata of indias population is unbanked and devoid of even basic banking services. Regional rural banks rrbs were set up as governmentsponsored, regional based rural lending institutions under the regional rural banks act, 1976. Apr 16, 2016 regional rural banks rrbs were set up as governmentsponsored, regional based rural lending institutions under the regional rural banks act, 1976. Chief general manager of rbis rural planning and credit department. The authors would also like to extend special thanks to mr. Download ibps rrb previous year paper 2019 pdf with answer. India is eyeing a mega revamp of its regional rural banks rrbs and the plan includes consolidation of these lenders for better operational efficiencies in line with the governments big rural focus. The idea of establishing regional rural banks was mooted in the twenty point economic programme. List of 56 regional rural bank rrbs in india statewise. Regional rural bank rrb is an important component of ruial financial system of india.
At to the end of june 1985, 183 regional rural banks with a network of10, 245 branches have been opened in the states of. The candidate who are searching for ibps rrb previous year paper for regional rural banks examination. Regional rural banks in eastern uttar pradesh the government of india accepting the recommendations made by the working group, promulgated an ordinance on september 26, 1975, for setting up regional rural banks. Regional rural banks were established on 2 oct 1975 under the malegaam committee the share of these bank are in ratio of 50,15 and 35 by central govt,state govt and sponsoring bank resp. The regional rural banks act 1976 provide for incorporation, regulation and winding up regional rural banks 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 areas, credit and other facilities, particularly to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs and for matters connected therewith and individuals thereto. Pdf the growth of regional rural banks rrbs during the. Among these three financial institutions rrbs played an important role in accelerating the growth of rural and semiurban areas of india. Pdf since their inception, regional rural banks rrbs have taken deep roots and have become a sort of inseparable part of the rural credit structure.
Objectives of rrbs the importance of the rural banking in the economic development of a country cannot be overlooked. Consolidation of regional rural banks on government agenda. The regional rural banks amendment bill, 20 a bill further to amend the regional rural banks act, 1976. The rural banks had the legislative backing of the regional rural banks act 1976. Considering the gross absence of banking facilities in the rural areas of the country, the reserve bank of india in consultation with the central government, state governments and some major nationalized sponsored banks had set up some regional rural banks in the late. Rrbregional rural bank is a commercial bank which is owned by our indian government. Jun 28, 2017 regional rural banks in india as asked in ibps regional rural banks are special financial intermediaries that have been formed to cater to the needs of rural masses and weaker sections of the society. A notification issued under subsection 1 of section 23a, shall constitute sufficient notice of the provisions thereof to all the parties concerned and shall be binding on the transferor regional rural banks and the transferee regional rural bank and to the depositors, creditors, employees and all other persons having dealings with such banks. Regional rural bank department of financial services. List of regional rural banks in india 2018 list of rrbs in. Mar 17, 2020 list of regional rural bank rrbs state wise pdf download. Rrb common written exam cwe is one of the many bank exams conducted by the institute of banking personnel selection ibps. While regional rural banks are meant for rural areas, they can operate in urban areas also.
1553 1206 1217 1309 234 1076 297 1058 768 860 335 1362 464 506 1090 1340 566 389 467 1017 1050 162 168 1124 583 582 610 13 475 974