Regional rural banks or RRB in India and the whole details

Regional Rural Banks (RRBs) also known as Gramin banks, are Indian scheduled banks (Government banks) operating at regional level in different States of India.

The primary role of the RRB is to be the banker of the backward and rural areas of our country.

The big nationalized banks and the private banks are mostly located in cities and towns. Although they try and open some branches in the rural areas as well…..but their reach is limited. So RRBs were created within a state.

RRBs are looked over by the NABARD (National Bank forAgricultural and Rural Development) and also by a mentor bank which is usually a big nationalized bank like SBI or PNB etc…

However, RRBs may have branches set up for urban operations and their area of operation may include urban areas too.

The area of operation of RRBs is limited to the area as notified by Government of India covering one or more districts in the State. RRBs also perform a variety of different functions. RRBs perform various functions in following heads:

-  Providing banking facilities to rural and semi-urban areas.

- Carrying out government operations like disbursement of wages of MGNREGA Workers , distribution of pensions etc.

- Providing Para-Banking facilities like locker facilities, debit and credit cards.

- Small financial banks.

- financing dairy works, fishery works or all kind of country side valid works and

  Businesses.

- financing village school children in need of bank accounts to get scholarship, bicycles and

  school uniforms.

Brief History of RRBs

Regional Rural Banks were established under the provisions of an Ordinance passed in September 1975 and the RRB Act 1976 to provide sufficient banking and credit facility for agriculture and other rural sectors. These were set up on the recommendations of The Narshimham committee Working Group during the tenure of Indira Gandhi's government with a view to include rural areas into economic mainstream since that time about 70% of the Indian Population was of Rural Orientation. The development process of RRBs started on 2 October 1975 with the forming of the first RRB, the Prathama Bank with authorized capital of ₹5 Crore at its starting.

RRBs Organizational Frame:

The following is the administrator  in a Regional Rural Bank.

·         Board of Directors

·         Chairman & Managing Director

·         General Manager

·         Chief Manager/Regional Managers

·         Senior Manager

·         Manager

·         Officer / Assist

Salary of officers/managers & clerks

-Designation - Manager Trainee in the Gramin Bank

-Probation Period - 2 Years

-After Probation Designation will be - Assistant Manager

-Salary - INR 29,350 Age Limit 18 to 30 Years and  gradually in 5 years candidates get Approx Rs. 36000- 39000 per month (Also varies as tax deducts).

-Officer Scale is also termed as the General Bank Officer post.

-The Officers will get 100% Dear Allowance (DA)

-Promotion: 2 years

Regional Rural Banks List:

Regional Rural Banks in Andhra Pradesh

Local Language - Telugu

S.No.   List of RRBs                                       Head Offices      Sponsor-Bank

1.   Andhra Pragathi Grameena Bank               Kadapa      ------ Syndicate Bank

2.   Chaitanya Godavari Grameena Bank         Guntur    ------    Andhra Bank                                   

3.   Saptagiri Grameena Bank                          Chittor     -------  Indian Bank

                                                                                                       

Regional Rural Banks in Arunachal Pradesh

Local Language – English, Hindi

S.No.   List of RRB                                 Head Office        Sponsor-Bank

4.     Arunachal Pradesh Rural Bank         Naharilagun-----State Bank of India

  

Regional Rural Banks in Assam

Local Language - Assamese, Bengali, Bodo

S.No.   List of RRBs                           Head Offices       Sponsor-Bank

5.    Assam Gramin Vikash Bank       Guwahati-----    United Bank of India

6.    Langpi Dehangi Rural Bank        Diphu-----         State Bank of India

  

Regional Rural Banks in Bihar

 Local Language – Bhojpuri

S.No.   List of RRBs                           Head Offices       Sponsor-Bank

7.    Bihar Gramin Bank                       Begusarai--        ---Uco Bank

8.    Madhya Bihar Gramin Bank         Patna                  ---Punjab National Bank

9.    Uttar Bihar Gramin Bank             Muzaffarpur      ----Central Bank of India

Regional Rural Banks in Chhattisgarh

 Local Language – Chhattisgarhi

S.No.   List of RRBs                                     Head Offices     Sponsor-Bank

10.      Chhattisgarh Rajya Gramin Bank       Raipur    -----     State Bank of India

Regional Rural Banks in Gujarat

 Local Language – Gujarati

S.No.   List of RRBs                               Head Offices     Sponsor-Bank

11.     Baroda Gujarat Gramin Bank        Bharuch          ----Bank of Baroda

12.     Dena Gujarat Gramin Bank          Gandhinagar  ----  Dena Bank

13.     Saurashtra Gramin Bank               Rajkot         ---     State Bank of India

Regional Rural Banks in Haryana

 Local Language - Haryanvi

S.No.   List of RRBs                                Head Offices       Sponsor-Bank

14.     Sarva Haryana Gramin Bank          Rohtak       ---      Punjab National Bank

  

Regional Rural Banks in Himachal Pradesh

 Local Language - Pahari

S.No.   List of RRBs                                   Head Offices    Sponsor-Bank

15.    Himachal Pradesh Gramin Bank         Mandi      ---     Punjab National Bank

  

Regional Rural Banks in Jammu and Kashmir

 Local Languages - Dogri, Kashmiri, Punjabi,

Urdu, Gojri, Pahari, Ladakhi, Balti (Palli),

Dardi, Hindi 

S.No.   List of RRBs                     Head Offices      Sponsor-Bank

16.     Ellaquai Dehati Bank            Srinagar       ---    State Bank of India

17.     J&K Grameen Bank              Jammu       ----    J & K Bank Ltd

  

Regional Rural Banks in Jharkhand

 Local Language – Hindi

S.No.   List of RRBs                      Head Offices     Sponsor-Bank

18.     Vananchal Gramin Bank        Dumka      ----  State Bank of India

19.     Jharkhand Gramin Bank        Ranchi   ----     Bank of India

 

Regional Rural Banks in Karnataka

 Local Language – Kannada

S.No.   List of RRBs                                    Head Offices          Sponsor-Bank 

20.     Kaveri Grameena Bank                      Mysore      -----    State Bank of India

21.     Karnataka Vikas Grameena Bank      Dharwad   -----     Syndicate Bank

22.    Pragathi Krishna Grameena Bank       Bellary    -----      Canara Bank

  

Regional Rural Banks in Kerala

 Local Language – Malayalam 

S.No.   List of RRBs                         Head Offices      Sponsor-Bank

23.     Kerala Gramin Bank                Mallapuram  ---     Canara Bank

  

Regional Rural Banks in Madhya Pradesh

 Local Language – Hindi 

S.No.   List of RRBs                                           Head Offices  Sponsor-Bank

24.   Narmada Jhabua Gramin Bank                    Indore     ------   Bank of India

25.   Madhyachal Gramin Bank                           Sagar      -----     State Bank of India

26.   Central Madhya Pradesh Gramin Bank      Chhindwara ---   Central Bank of India

  

Regional Rural Banks in Maharashtra

 Local Language – Marathi

S.No.   List of RRBs                                   Head Offices     Sponsor-Bank

27.    Vidarbha Konkan Gramin Bank            Nagpur  -----       Bank of India

28.    Maharashtra Gramin Bank                 Aurangabad   ---   Bank of Maharashtra

  

Regional Rural Banks in Manipur

 Local Language – Manipuri

S.No.   List of RRB                                Head Office    Sponsor-Bank

29.     Manipur Rural Bank                      Imphal   ----    United Bank of India

  

Regional Rural Banks in Meghalaya

 Local Language – Khasi

S.No.   List of RRB                       Head Office     Sponsor-Bank

30.    Meghalaya Rural Bank       ShillongState  ----   Bank of India

  

Regional Rural Banks in Mizoram

 Local Language – Mizo

S.No.   List of RRB                      Head Office   Sponsor-Bank

31.     Mizoram Rural Bank             Aizal     ---   State Bank of India

Regional Rural Banks in Nagaland

 Local Language – Nagamese

S.No.   List of RRBs                      Head Offices   Sponsor-Bank

32.      Nagaland Rural Bank         KohimaState ---   Bank of India

  

Regional Rural Banks in Odisha

 Local Language – Oriya 

S.No.   List of RRBs                     Head Offices          Sponsor-Bank

33.    Odisha Gramya Bank          Bhubaneshwar  ---    Indian Overseas Bank 

34.    Utkal Grameen Bank           Bolangir        ----     State Bank of India

  

Regional Rural Banks in Puducherry

 Local Language – Tamil 

S.No.   List of RRB                                     Head Office   Sponsor-Bank

35.     Puduvai Bharathiar Grama Bank        Puducherry   --   Indian Bank

  

Regional Rural Banks in Punjab

 Local Language – Punjabi 

S.No.   List of RRBs                       Head Offices   Sponsor-Bank

36.   Malwa Gramin Bank               Sangrur      ---   State Bank of India

37.   Punjab Gramin Bank               Kapurthala ---   Punjab National Bank

38.    Sutlej Gramin Bank                Bhatinda    ---    Punjab & Sind Bank

                                                                                                           

Regional Rural Banks in Rajasthan

 Local Language – Marwari, Hindi

S.No.   List of RRBs                                                Head Offices    Sponsor-Bank

39.    Baroda Rajasthan Kshetriya Gramin Bank     Ajmer     -----     Bank of Baroda

40.    Rajasthan Marudhara Gramin Bank               Jodhpur     ----    State Bank of India

  

Regional Rural Banks in Tamil Nadu

 Local Language – Tamil 

S.No.   List of RRBs                         Head Offices        Sponsor-Bank

41.     Pallavan Grama Bank                  Salem      ----      Indian Bank

42.     Pandyan Grama Bank           Virudhunagar  ----     Indian Overseas Bank

Regional Rural Banks in Telangana

 Local Language – Telugu, Urdu

S.No.   List of RRB                                               Head Office     Sponsor-Bank

43.     Telangana Grameena Bank                          Hyderabad  ---   State Bank of India

44.     Andhra Pradesh Grameena Vikas Bank       Warangal    ---   State Bank of India

Regional Rural Banks in Tripura

 Local Language – Bengali

S.No.   List of RRB                      Head Office        Sponsor-Bank

45.     Tripura Gramin Bank         Agartala     ----    United Bank of India

Regional Rural Banks Uttar Pradesh

 Local Language – Hindi

S.No.   List of RRBs                                      Head Offices       Sponsor-Bank

46.   Allahabad UP Gramin Bank                    Banda      ------    Allahabad Bank

47.  Gramin Bank of Aryavart                         Lucknow   ----     Bank of India

48.  Baroda UP Gramin Bank                          Raibareilly   ----  Bank of Baroda

49.  Kashi Gomti Samyut Gramin Bank         Varanasi    -------  Union Bank of India

50.  Prathama Bank                                         Moradabad   ----  Syndicate Bank

51.  Sarva UP Gramin Bank                            Meerut    --------- Punjab National Bank

52.  Purvanchal Bank                                      Gorakhpur   ------ State Bank of India

  

Regional Rural Banks in Uttarakhand

Local Language – Garhwali 

S.No.   List of RRB                                       Head Office         Sponsor-Bank

53.     Uttarakhand Gramin Bank                     Dehradun    ----     State Bank of India

  

Regional Rural Banks in West Bengal

 Local Language – Bengali & English 

S.No.   List of RRBs                                       Head Offices      Sponsor-Bank                                   

54.    Bangiya Gramin Vikash Bank               Murshidabad  ----   United Bank of India

55.    Paschim Banga Gramin Bank               Howrah        -----     Uco Bank

56.   Uttarbanga Kshetriya Gramin Bank      Coochbehar  ----      Central Bank of India

Recent Update

The government of India is looking at the possibility of merging regional rural banks (RRBs) operating within the same state and has urged the state-owned banks to explore such options, as it wants further consolidation among RRBs. It eventually wants to bring them down to a more manageable number of 10-15. 

There are 56 RRBs functioning in the country, and State Bank of India, the largest bank, is the biggest sponsor with 14 RRBs. Already, around 10 have been merged which will be effective from April 1 this year. 

 



“Ideally, we will like to have them reduced by 36 by the end of this fiscal,” said a senior government official, adding the idea is that rather than three or four regional lenders operating in a state, there should be one bank which leverages its strong regional and market connect. 

“In some lead banks which have more presence in a particular area, they can take over the stake of another lender in an RRB for purposes of synergy and efficiencies,” he said. 

At present, the Centre holds 50% stake in RRBs, while 35% and 15% are with the sponsor banks and state governments, respectively. 

In 2015, the government had passed the Regional Rural Banks (Amendment) Bill, which seeks to enhance authorization and issued capital of RRBs, strengthen their capital base and bring flexibility in the shareholding between central government, state government and sponsor bank.

The finance ministry has already directed public sector banks (PSBs) to consolidate operations in the same geography and take into account operations of other state-run lenders. “Bank boards have been asked to draw up business unit-wise approved plans, closure of nonviable branches,” said the above quoted official. 

“Further, strengthening RRBs will help them play a greater role in financial inclusion and meeting credit requirements of rural areas,” the above quoted official said. 

The government in the past few years have been trying to consolidate RRBs. Earlier in January, three regional rural banks (RRBs) — Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank — were merged into a single entity. 

In February, it approved merger of two RRBs in Karnataka — Kaveri Grameena Bank and Pragathi Krishna Grameena Bank. Canara Bank will be the sponsor bank for the merged entity.