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News
regional rural banks
Regional rural banks News
FM Nirmala Sitharaman
18 Aug 2024
FM Sitharaman To Meet PSU Banks, RRBs Heads For Performance Review On Aug 19
The review meeting will also focus on several critical areas. Finance Minister along with other participants will review deposit growth, the credit-to-deposit ratio, and asset quality, which are vital indicators of the banks' health.
regional rural banks
02 Oct 2022
Govt issues draft guidelines for listing of RRBs
As per the draft norms, the responsibility of identifying suitable lenders for issuing initial public offering (IPO) has been left with the respective sponsor banks. RRBs, which play an important role in agriculture credit, are sponsored by Public Sector Banks (PSBs). Currently, the Centre holds 50 per cent in RRBs, while 35 per cent and 15 per cent are with the concerned sponsor banks and state governments, respectively.
RRB recapitalisation scheme
04 Jul 2018
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.
ibps rrb notification 2016
12 Sep 2016
IBPS RRB Exam 2016 notification out! Here's how to apply for CWE RRBs V at Institute of Banking Personnel Selection official website ibps.in
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).
www.ibps.in
13 Oct 2015
Check ibps.in 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.
Crop loans
21 Jul 2015
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.
Bank recapitalisation
16 Jul 2015
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.
NPCI
27 Mar 2015
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.
FATCA
28 Jan 2015
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.
Banks
02 Dec 2014
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).
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