Search For "regional rural banks"
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
Updated : 1 year, 9 months ago IST
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank of India (SBI) in its latest report noted that the belief that the deposit growth in the banking sector is flagging just a statistical myth.
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FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review
Updated : 1 year, 9 months ago IST
Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
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Government to strengthen Regional Rural Banks; Rs 6200 cr allotted for rec
Updated : 2 years, 2 months ago IST
The performance of RRBs has improved significantly, with a consolidated CRAR (Capital to Risk-weighted Assets Ratio) at an all-time high of 13.83 per cent as of December 31, 2023.
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Ram Temple inauguration: Banks across India to remain closed during Januar
Updated : 2 years, 4 months ago IST
Department of Financial Services under the Ministry of Finance in a notification said on Thursday that Public Sector Banks, Public Sector Insurance Companies, Public Sector Financial Institutions and Regional Rural Banks will remain closed in the first half of January 22, to enable employ
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Finance Minister inquires DFS report on gap between sanctioned, disbursal
Updated : 2 years, 8 months ago IST
Finance Minister Nirmala Sitharaman on Tuesday asked the Department of Financial Services to present a report within a month on anomalies between sanctioned and disbursal of agri loans.
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Agri ministry asks banks to promote Agriculture Infrastructure Funds
Updated : 2 years, 10 months ago IST
According to an official statement from Ministry of Agriculture and Farmers Welfare, this one month-long Campaign (from July 15, 2023 to August 15, 2023) with a target of Rs 7200 crore was launched through Video Conference attended by more than 100 Banking Executives that included MDs/Chairm
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DFS chairs review meeting of financial performance of Regional Rural Banks
Updated : 3 years ago IST
Department of Financial Services (DFS) Secretary Vivek Joshi chaired a meeting here on Friday as a part of a symposium on 'Strengthening financial sustainability and operational viability' of Regional Rubal Banks (RRBs).
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SBI Research highlights how PMMY revolutionised socio-cultural fabric of n
Updated : 3 years ago IST
According to SBI Research, MUDRA has created an indelible print on India's rising micro, small and medium enterprises' (MSME) prowess through relentless promoting by a wide array of MLIs which are scheduled commercial banks (SCBs), non-banking finance companies (NBFCs), regional rural banks
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NPST engages with GRAMePAY - A Futuristic Liaison
Updated : 3 years, 8 months ago IST
New Delhi [India], September 7 (ANI/PNN): NPST, one of the fastest growing UPI payment solution providers, and GRAMePAY - a Digital Payments Platform, have entered into strategic partnership to foster the growth across multiple Merchant networks.
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Cabinet approves 1.5 per cent interest subvention on agriculture loan
Updated : 3 years, 9 months ago IST
New Delhi [India], August 17 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved an interest subvention of 1.5 per cent per annum on short-term agriculture loans up to Rs 3 lakh.
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Over Rs 24,500 crores distributed to MIFs, RRBs under special liquidity fa
Updated : 5 years, 10 months ago IST
New Delhi [India], July 2 (ANI): Union Minister G Kishan Reddy on Thursday said that over Rs 24,500 crores have been distributed to Corporate Banks, Regional Rural Banks and Micro Finance Institutions under special liquidity facility by the National Bank for Agriculture and Rural Development
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Cabinet approves recapitalisation of RRBs to improve CRAR
Updated : 6 years, 1 month ago IST
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for continuing the process of recapitalization of Regional Rural Banks by providing minimum regulatory capital for those RRBs which are unable to maintain minimum Capital to Ri
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