Regional Rural Banks
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Bank Strike: Can You Deposit Cash At Your Bank Tomorrow? What Customers Should Know
Bank Strike: Cheque-related processes and other branch-dependent services could also face delays or disruptions during the strike.
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Finance Ministry To Merge 15 Regional Rural Banks Under ‘One State-One RRB’ Plan
FinMin to implement 'One State-One RRB' soon to achieve better efficiency
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Regional Rural Banks Post Record Rs 7,571 Crore Profit In FY24
Over the past two years, RRBs have expanded significantly, with their total balance sheet size growing from Rs 7,04,556 crore in 2021-22 to Rs 8,40,080 crore in 2023-24.
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Government Okays Rs 1,340 Crore Recap Of Regional Rural Banks
The Cabinet Committee on Economic Affairs on Wednesday approved the recapitalisation of regional rural banks with total outlay of Rs 1,340 crore, to improve their capital adequacy during the coronavirus crisis. Briefing the media after the cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said that out of the total approved R...
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Government Okays Rs 1,340 Crore Recap Of Regional Rural Banks
The Cabinet Committee on Economic Affairs on Wednesday approved the recapitalisation of regional rural banks with total outlay of Rs 1,340 crore, to improve their capital adequacy during the coronavirus crisis. Briefing the media after the cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said that out of the total approved R...
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RBI Directs Banks With Over 10 Branches To Have An Internal Ombudsman
All scheduled commercial banks with more than 10 branches will have to appoint an internal ombudsman to strengthen systems.
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Cabinet Nod For Extension Of Regional Rural Banks’ Recapitalisation Scheme
The approval will enable regional rural banks to maintain the prescribed CRAR.
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Government Identifies Four Regional Rural Banks For IPOs This Year
Four rural banks may get to list on bourses
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Bank Employees Union Calls For Nationwide Strike On August 29
An umbrella body of bank unions has called for a nationwide strike on August 29 to protest against the government's banking reforms.
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Parliament Passes Amendment to Regional Rural Banks Bill
A bill to amend the Regional Rural Banks Act was passed by Parliament today, with government saying it was necessary to empower such financial institutions which are the "jewel in the crown" of the country's financial system.
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Government introduces Bill to raise capital of RRBs to Rs 500 crore
With an aim to strengthen regional rural banks (RRBs), the government on Monday introduced a Bill in the Lok Sabha to raise their authorised capital by 100 times to Rs 500 crore.
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RBI announces swap facility for expansion of export credit
With an aim to help the country's exporters get better credit, the Reserve Bank of India (RBI) today announced a special scheme to allow banks refinance their export credit positions through a dollar-rupee swap facility of up to $6.5 billion.
-
Bank Strike: Can You Deposit Cash At Your Bank Tomorrow? What Customers Should Know
Bank Strike: Cheque-related processes and other branch-dependent services could also face delays or disruptions during the strike.
-
Finance Ministry To Merge 15 Regional Rural Banks Under ‘One State-One RRB’ Plan
FinMin to implement 'One State-One RRB' soon to achieve better efficiency
-
Regional Rural Banks Post Record Rs 7,571 Crore Profit In FY24
Over the past two years, RRBs have expanded significantly, with their total balance sheet size growing from Rs 7,04,556 crore in 2021-22 to Rs 8,40,080 crore in 2023-24.
-
Government Okays Rs 1,340 Crore Recap Of Regional Rural Banks
The Cabinet Committee on Economic Affairs on Wednesday approved the recapitalisation of regional rural banks with total outlay of Rs 1,340 crore, to improve their capital adequacy during the coronavirus crisis. Briefing the media after the cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said that out of the total approved R...
-
Government Okays Rs 1,340 Crore Recap Of Regional Rural Banks
The Cabinet Committee on Economic Affairs on Wednesday approved the recapitalisation of regional rural banks with total outlay of Rs 1,340 crore, to improve their capital adequacy during the coronavirus crisis. Briefing the media after the cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said that out of the total approved R...
-
RBI Directs Banks With Over 10 Branches To Have An Internal Ombudsman
All scheduled commercial banks with more than 10 branches will have to appoint an internal ombudsman to strengthen systems.
-
Cabinet Nod For Extension Of Regional Rural Banks’ Recapitalisation Scheme
The approval will enable regional rural banks to maintain the prescribed CRAR.
-
Government Identifies Four Regional Rural Banks For IPOs This Year
Four rural banks may get to list on bourses
-
Bank Employees Union Calls For Nationwide Strike On August 29
An umbrella body of bank unions has called for a nationwide strike on August 29 to protest against the government's banking reforms.
-
Parliament Passes Amendment to Regional Rural Banks Bill
A bill to amend the Regional Rural Banks Act was passed by Parliament today, with government saying it was necessary to empower such financial institutions which are the "jewel in the crown" of the country's financial system.
-
Government introduces Bill to raise capital of RRBs to Rs 500 crore
With an aim to strengthen regional rural banks (RRBs), the government on Monday introduced a Bill in the Lok Sabha to raise their authorised capital by 100 times to Rs 500 crore.
-
RBI announces swap facility for expansion of export credit
With an aim to help the country's exporters get better credit, the Reserve Bank of India (RBI) today announced a special scheme to allow banks refinance their export credit positions through a dollar-rupee swap facility of up to $6.5 billion.
