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
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.
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.
“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.
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