August 12, 2026
- Phone :+917814622609
- Email :civilstaphimachal@gmail.com
- Student Dashboard
- Department of Financial Services (DFS), Ministry of Finance has conducted a review meeting of financial performance of RRBs.
- RRBs were formed under RRB Act, 1976 to provide credit and other facilities to small farmers, agricultural labourers and artisans in rural areas.
- These were established as per the recommendations of the Narasimham Committee to cater to the rural credit needs of the farming and other rural communities.
- The Prathama Grameen Bank, sponsored by The Syndicate Bank, was the first bank to be established on 2nd October 1975.
- RRBs are regulated by RBI and supervised by NABARD.
- RRBs’ capital is contributed by Government of India, State Government and Sponsor Bank in proportion of 50:35:15.
© 2026 Civilstap Himachal Design & Development
