Regional Rural Bank
- 1. Hello! I am Mohnish Kumar
- 3. 1. Lets start with INTRODUCTION Regional Rural Banks are local level banking organization operating in different States of India.
- 4. 2. Objectives They have been created with a view to serve mainly rural areas of India with basic Banking and Financial Services. To provide credit facility to Agriculture & Rural sector.
- 5. 3. Establishment RRB Act, 1975 by Narsimham Working Committee. The Equity of RRB is divided into following ratio : I. GOI 50% II. State Government 15% III. Lead Bank (Sponsor Bank) 35% The first RRB named Prathama Bank was established in Moradabad on 2nd Oct 1975 and the Lead bank was Syndicate Bank
- 9. Following is the decision making hierarchy of officials in a Regional Rural Bank: Board Of Directors Chairman & Managing Director General Manager Chief Manager/Regional Managers Senior Manager Manager Officer/Assist
- 10. List of Regional Rural Banks Allahabad UP Gramin Bank Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank Arunachal Pradesh Rural Bank Assam Gramin Vikash Bank Baroda Gujrat Gramin Bank Bihar Gramin Bank Chhattisgarh Rajya Gramin Bank
- 11. Thats all folks!