According to a Ministry of Finance release, the meeting, with all 43 present regional rural banks, focused on business performance, upgrading digital technology services, and fostering business growth in MSME clusters.
Given the crucial role of RRBs in supporting the rural economy, the Union Finance Minister urged RRBs - with the active support of their Sponsor Banks - to also put greater thrust on the clear identification of beneficiaries while sanctioning loans under various schemes such as PM Vishwakarma and PM Surya Ghar Muft Bijli Yojana. RRBs were also directed to increase their share in ground-level agriculture credit disbursement.
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