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Mumbai: In a big move to make banking easier and better in villages, the Indian government has merged 26 Regional Rural Banks (RRBs) across 11 states and Union Territories. This change came into ...
New Delhi [India], May 1 (ANI): The recently amalgamated Regional Rural Banks (RRBS) across 11 states and Union territories have come into effect today (Thursday). "Amalgamation of 26 Regional ...
(Freepik) The Centre’s one state-one Regional Rural Bank (RRB) policy came into effect on Thursday, leading to a reduction in the number of RRBs across states/union territories from 43 to 28.
and Karnataka Grameena Bank (KGB). When the Central Government first established Regional Rural Banks (grameena banks) in 1975, 196 RRBs were functioning across India, including 13 in Karnataka.
The World Bank has disclosed that the poverty rate among Nigeria’s rural population has reached an alarming 75.5 per cent, highlighting deepening inequality and widespread economic hardship ...
This is the fourth phase of the consolidation programme for regional rural banks (RRBs) that was initiated in 2005-06. Twenty-six RRBs were amalgamated into 11 RRBs in 11 States/UT. In the post ...
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has secured regulatory approvals to transform into a thrift bank from a rural bank. Parent firm BDO Unibank Inc. announced this in a stock exchange filing on Tuesday. It has yet to disclose ...
The Regional Rural Banks (RRBs)/Grameen Banksnetwork in India has undergone a significant restructuring after the ‘One State-One RRB’ initiative came into effect from 1 st May 2025.
The new entity will be sponsored by Union Bank of India and will operate from a temporary head office in Guntur until its permanent headquarters is established in Amaravati. VIJAYAWADA: In line ...
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