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regional rural banks

Cabinet approves extension of Regional Rural Banks' recapitalisation scheme

The government said that his will enable the RRBs to maintain the minimum prescribed Capital to Risk Weighted Assets Ratio of 9 percent.

Jul 04, 2018, 16:57 PM IST

Mains admit card of IBPS CWE RRB V Office Assistant exam 2016 released; Check

Admit card/call letters for the Regional Rural Banks (RRBs) CWE V Office Assistant (multipurpose) mains recruitment examination has been released.

Dec 05, 2016, 16:59 PM IST

IBPS RRB Exam 2016 notification out! Here's how to apply for CWE RRBs V at Institute of Banking Personnel Selection official website

The Institute of Banking Personnel Selection (IBPS) has released the official notification for recruitment to Group “A”-Officers (Scale-I, II & III) and Group “B”-Office Assistants (Multipurpose). 

Sep 12, 2016, 13:42 PM IST

Check for IBPS RRB Exam 2015 Result

Regional Rural Banks (RRB) CWE –IV results were declared by Indian Banking Personnel Selection (IBPS) on its website on Tuesday.

Oct 13, 2015, 13:40 PM IST

Govt extends interest subvention on crop loans for farmers

The government on Tuesday extended the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 percent per annum.

Jul 21, 2015, 23:14 PM IST

Govt sanctions Rs 700 cr additional fund for RRB capitalisation

The government sanctioned an additional Rs 700 crore for the recapitalisation of RRBs and extended the validity period for the fund infusion to next fiscal.

Jul 16, 2015, 15:16 PM IST

NPCI brings all 56 regional rural banks under RuPay network

National Payments Corporation of India (NPCI) on Friday said it has enabled all 56 regional rural banks under its central payment systems network with RuPay cards and access to National Automated Clearing House service.

Mar 27, 2015, 22:10 PM IST

RRBs with assets less than $175 million not to register with FATCA

The Reserve Bank has exempted Regional Rural Banks with assets less than USD 175 million to register with the US Internal Revenue System under FATCA.

Jan 28, 2015, 22:10 PM IST

Govt nod for changes to law to strengthen regional rural banks

Government Tuesday approved amendments to a law to strengthen capital base and financial stability of Regional Rural Banks (RRBs).

Dec 02, 2014, 22:50 PM IST

RBI puts curbs on RRBs lending against gold coins, ETFs

The Reserve Bank Tuesday tightened norms for lending against gold coins as well as units of gold ETFs and mutual funds by Regional Rural Banks (RRBs) with an aim to curb demand for the precious metal.

Jun 25, 2013, 19:14 PM IST

Govt introduces Bill to raise capital of RRBs to Rs 500 cr

With an aim to strengthen Regional Rural Banks (RRBs), the government Monday introduced a Bill in the Lok Sabha to raise their authorised capital by 100 times to Rs 500 crore.

Apr 22, 2013, 22:42 PM IST

Govt approves RRB Act amendments seeking equity expansion

Government Thursday approved amendments in the Regional Rural Banks (RRBs) Act, 1976 which seeks to enhance their capital base and to fix the maximum term of government appointed non-official directors at two years.

Jan 31, 2013, 22:44 PM IST

RRBs asked to open at least 25% branches in unbanked areas

RBI Tuesday asked regional rural banks (RRBs) to open at least one-fourth of their proposed branches in unbanked parts of the country, a move aimed at increasing financial inclusion.

Nov 06, 2012, 23:10 PM IST

FinMin looking at further consolidation of RRBs to 55

The Finance Ministry is considering a proposal to further consolidate the number of Regional Rural Banks (RRBs) to 55 for improving their efficiency and to better serve the rural economy.

Sep 02, 2012, 15:28 PM IST

Karnataka enhances cap on farm loans

Close on the heels of waiving loans of farmers up to Rs 25,000, Karnataka Government on Friday enhanced the existing credit limit on farm loans from commercial banks and Regional Rural Banks from Rs 50,000 to Rs one lakh to help the farming community hit by severe drought.

Aug 10, 2012, 19:09 PM IST

RRBs allowed to open branches in Tier 2 cities without RBI nod

RRBs will be allowed to open branches in Tier 2 centres (with population of 50,000 to 99,999 as per census 2001) subject to certain conditions.

Aug 02, 2012, 22:19 PM IST

Ensure opening of Aadhaar-enabled accounts: RBI asks RRBs

The Reserve Bank Wednesday directed Regional Rural Banks (RRBs) to ensure opening of Aadhaar- enabled banks accounts for beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme and other social security schemes, for facilitating electronic transfers.

Jun 20, 2012, 21:50 PM IST

RBI to RRBs: Stop charging prepayment penalty on home loans

The Reserve Bank Monday asked Regional Rural Banks (RRBs) to stop charging penalty on pre-payment of home loans taken on floating interest rates.

Jun 18, 2012, 21:34 PM IST

Cabinet approves Rs 632-cr capital infusion in RRBs

The government Thursday approved Rs 632 crore capital infusion in cash-starved regional rural banks (RRBs) to improve their capital adequacy and lending capacity to the agriculture sector.

Jun 07, 2012, 23:33 PM IST

Up home loan cap to Rs 10 lakh for priority sector: RBI to RRBs

The Reserve Bank on Friday asked all Regional Rural Banks (RRBs) to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for consideration under priority sector lending schemes.

Apr 27, 2012, 21:38 PM IST