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Regional Rural Banks Amendment

Regional Rural Banks Amendment Bill 2015 and Beyond: A Comprehensive Analysis

Admin011 mins

Introduction Regional Rural Banks (RRBs) form an integral part of India’s financial architecture aimed at promoting rural development. Established in 1975 under the Regional Rural Banks Act, 1976, RRBs were designed to combine the local feel and accessibility of cooperatives with the professionalism and financial strength of commercial banks. Over the years, however, RRBs faced…

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Regional Rural Banks

Regional Rural Banks (RRBs) in India: History, Operations, Role, and Future

Admin012 mins

Introduction In India, agriculture and allied activities employ nearly half of the population, yet farmers and rural households often face a shortage of institutional credit. Before the 1970s, rural credit was dominated by moneylenders and informal sources, which imposed high interest rates and exploited farmers. While commercial banks and cooperatives existed, they were unable to…

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