Regional Rural Banks

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf gptkb:bank
gptkbp:category gptkb:Scheduled_Commercial_Bank
gptkb:Public_Sector_Bank
gptkbp:country gptkb:India
gptkbp:establishedBy gptkb:Government_of_India
gptkb:State_Governments
gptkb:Regional_Rural_Banks_Act,_1976
gptkb:Sponsor_Banks
gptkbp:firstRRB Prathama Bank
gptkbp:firstRRBEstablishedYear 1975
gptkbp:firstRRBLocation gptkb:Moradabad,_Uttar_Pradesh
gptkbp:headquartersLocation Various states in India
https://www.w3.org/2000/01/rdf-schema#label Regional Rural Banks
gptkbp:languageOfService gptkb:Hindi
English
Regional languages
gptkbp:mainFunction Accept deposits
Provide loans
Support rural development
gptkbp:numberInIndia 43 (as of 2023)
gptkbp:oversees gptkb:NABARD
gptkbp:provides gptkb:market
Agricultural loans
Government scheme disbursement
Kisan Credit Cards
Self Help Group financing
gptkbp:purpose Promote financial inclusion
Provide banking services in rural areas
gptkbp:regulates gptkb:NABARD
gptkb:Reserve_Bank_of_India
gptkbp:relatedGroup Agricultural laborers
Rural artisans
Small and marginal farmers
Small entrepreneurs
gptkbp:relatedTo gptkb:NABARD
gptkb:Cooperative_Banks
Commercial Banks
gptkbp:reorganizedAs gptkb:Government_of_India
gptkbp:restructuringPurpose Consolidation and strengthening
gptkbp:restructuringYear 2012
gptkbp:sponsorBanksInclude gptkb:State_Bank_of_India
gptkb:Bank_of_Baroda
gptkb:Punjab_National_Bank
Other public sector banks
gptkbp:structure Government of India 50%
Sponsor Bank 35%
State Government 15%
gptkbp:website https://financialservices.gov.in/banking-divisions/regional-rural-banks
gptkbp:bfsParent gptkb:National_Bank_for_Agriculture_and_Rural_Development
gptkb:NABARD
gptkbp:bfsLayer 7