'One State, One RRB' may debut by FY25-end
Business Standard|September 20, 2024
The plan to consolidate regional rural banks (RRBs) under the 'One State, One RRB' policy has gained momentum.
HARSH KUMAR
'One State, One RRB' may debut by FY25-end

The Centre is bringing stakeholders on board and aims to complete the process by the end of FY25, according to a source familiar with the matter.

"The work on 'One State, One RRB' is progressing rapidly, and we expect to complete it by the end of this financial year. This will co-occur across different states. We've already onboarded the states and regulators, including the Reserve Bank of India and the National Bank for Agriculture and Rural Development," said a senior official.

Business Standard reported on September 6 that the Union finance ministry is planning to consolidate RRBs under the 'One State, One RRB' policy to improve efficiency and reduce competition among sponsoring public sector banks .

هذه القصة مأخوذة من طبعة September 20, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 20, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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