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