Tag: Regional Rural Banks (RRBs)

FM Sitharaman urges regional rural banks to onboard customers to digital services like mobile banking by Dec 2024

The minister emphasized the importance of digital inclusion during a review meeting held in Patna on Friday with eight RRBs from Bihar, Jharkhand, Odisha, and West Bengal.

November 30, 2024

FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review on August 19

This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are aligned with the economic goals.

August 18, 2024

Government to strengthen Regional Rural Banks; Rs 6200 cr allotted for recapitalisation

Under the scheme, recapitalization support is provided to RRBs to maintain the minimum prescribed capital-to-risk (Weighted) Assets ratio of nine per cent.

March 22, 2024