List of Regional Rural Banks In India
Hello Readers, In This Post You Will Study about List of Regional Rural Banks In India 2018 ( RRBs In India). Regional Rural Banks in India Were Established In 1975 With The Recommendations of “The Narshimham Committee” Under RRB ACT 1976. The Major Challenges to Regional Rural Banks ( RRBs) Is to Provide Basic Banking Services to Rural and Sub Urban areas of Various States of India, But RRBs In India Can Expand Their Operations In Urban Areas Too.
About Banking Sector Of India
The History of Indian Financial System Started in early of 18th century. Regional Rural Banks are also a part of Financial Structure of India, Reserve Bank Of India Is The Official Governing Bodies To Monitor Indian Financial Structure. Regional Rural Banks In India are sponsored by Nationalised banks To Expand Banking Services into Rural Areas.
The General Bank of India Was The First Bank Estd. In 1786, Later it was known as State Bank of India. Reserve Bank of India Started Working in 1935 as The Regulator of Financial System of India.
How Many Banks Are There In India In 2018?
In Current Indian Financial Scenario, There are
- 27 Public Sector Banks In India
- 19 Nationalised Banks In India
- 57 Regional Rural Banks In India
- 93 Commercial Banks In India
Regional Rural Banks In India
The First Established Regional Rural Bank Among all RRBs in India Was The Prathama Bank, Which Was Established in 1975 With The authorised capital of Rs. 5 crore. The Ordinance to Establish Regional Rural Banks In India Was Introduced In 1975 During Indira Gandhi’s Government with The Narshimham Committee Recommendations. Intitally The Authorised Capital for RRBs in india was Rs. 100 crore ($10 Million) which later augmented to 500 crore ($50 million). The Basic Objective Behind Introduced Regional Rural Banks In India Was to provide sufficient banking and credit facility for agriculture and other rural sectors. RRBs In India Has Limited Operations.
Function of Rural Banks In India
Regional Rural Banks In India Are scheduled commercial banks (Government banks) Running Operations In Rural India To Provide Basic Banking Facilities. RRBs In India Are Being Sponsored By
- Central Government
- State Government
- Sponsor Banks
| RRBs Sponsored By |
Shares In RRBs |
| Central Government |
50% |
| State Government |
15% |
| Sponsor Banks |
35% |
Recapitalization Of Regional Rural Banks In India
The Charge of Recapitalisation of RRBs In India Was Given To K C Chakrabarty, Deputy Governor of RBI In 2009 To improve their Capital to Risk Weighted Assets Ratio (CRAR). The “K C Chakrabarty Committee” Submitted Few recommendations Which Are Given Below.
- Release of Central Government’s share will be contingent on the proportionate release of State Government and Sponsor Bank share.
- NABARD will Be the Authority to Provide training and capacity building of the RRB staff. Action Plan will be prepared by NABARD in this regard and sent to Government for approval With the fund of 100 cr. corpus by Government of India.
- To help Weak RRBs in India Government made a contingency fund of additional 700 cr.
State wise list of Regional Rural Banks In India
Indian had 57 Regional Rural Banks In Which Uttar Pradesh Has Highest Number of RRBs. Here is the State wise list of Regional Rural Banks In India 2018.
Regional Rural Banks in Andhra Pradesh (AP) 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Andhra Pradesh Grameena Vikas Bank |
Warangal |
State Bank of India |
| 2 |
Andhra Pragathi Grameena Bank |
Kadapa |
Syndicate Bank |
| 3 |
Chaitanya Godavari Grameena Bank |
Guntur |
Andhra Bank |
| 4 |
Saptagiri Grameena Bank |
Chittoor |
Indian Bank |
Regional Rural Banks in Arunachal Pradesh (AP) 2018
| S.No. |
List of RRB |
Head Office |
Sponsor bank |
| 1 |
Arunachal Pradesh Rural Bank |
Naharilagun |
State Bank of India |
Regional Rural Banks in Assam 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Assam Gramin Vikash Bank |
Guwahati |
United Bank of India |
| 2 |
Langpi Dehangi Rural Bank |
Diphu |
State Bank of India |
Regional Rural Banks in Bihar 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Bihar Gramin Bank |
Begusarai |
UCO Bank |
| 2 |
Madhya Bihar Gramin Bank |
Patna |
Punjab National Bank |
| 3 |
Uttar Bihar Gramin Bank |
Muzaffarpur |
Central Bank of India |
Regional Rural Banks in Chhattisgarh 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Chhattisgarh Rajya Gramin Bank |
Raipur |
State Bank of India |
| 2 |
Surguja Kshetriya Gramin Bank |
Ambikapur |
Central Bank of India |
| 3 |
Durg-Rajnandgaon Gramin Bank |
Rajnandgaon |
Dena Bank |
Regional Rural Banks in Gujarat 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Baroda Gujarat Gramin Bank |
Bharuch |
Bank of Baroda |
| 2 |
Dena Gujarat Gramin Bank |
Gandhinagar |
DenaBank |
| 3 |
Saurashtra Gramin Bank |
Junagadh |
State Bank of India |
Regional Rural Banks in Haryana 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Sarva Haryana Gramin Bank |
Rohtak |
Punjab National Bank |
| 2 |
Gurgaon Gramin Bank |
Gurgaon |
Syndicate Bank |
Regional Rural Banks in Himachal Pradesh 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Himachal Pradesh Gramin Bank |
Mandi |
Punjab National Bank |
| 2 |
Parvatiya Gramin Bank |
Chamba |
State bank of India |
Regional Rural Banks in Jammu and Kashmir 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Ellaquai Dehati Bank |
Srinagar |
State Bank of India |
| 2 |
J&K Grameen Bank |
Jammu |
J&K Bank Ltd |
Regional Rural Banks in Karnataka 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Kaveri Grameena Bank |
Mysore |
State Bank of Mysore |
| 2 |
Karnataka Vikas Grameena Bank |
Dharwad |
Syndicate Bank |
| 3 |
Pragathi Krishna Grameena Bank |
Bellary |
Canara Bank |
Regional Rural Banks in Kerala 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Kerala Gramin Bank |
Malappuram |
Canara Bank |
Regional Rural Banks in Madhya Pradesh 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Narmada Jhabua Gramin Bank |
Indore |
Bank of India |
| 2 |
Madhyachal Gramin Bank |
Sagar |
State Bank of India |
| 3 |
Central Madhya Pradesh Gramin Bank |
Chhindwara |
Central Bank of India |
Regional Rural Banks in Maharashtra 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Vidarbha Konkan Gramin Bank |
Nagpur |
Bank of Maharashtra |
| 2 |
Maharashtra Gramin Bank |
Aurangabad |
Bank of Maharashtra |
Regional Rural Banks in Manipur 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Manipur Rural Bank |
Imphal |
United Bank of India |
Regional Rural Banks in Meghalaya 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Meghalaya Rural Bank |
Shillong |
State Bank of India |
Regional Rural Banks in Mizoram 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Mizoram Rural Bank |
Aizawl |
State Bank of India |
Regional Rural Banks in Nagaland 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Nagaland Rural Bank |
Kohima |
State Bank of India |
| 2 |
Nagaland State Cooperative Bank Ltd. |
Dimapur |
Government of Nagaland |
Regional Rural Banks in Odisha 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Odisha Gramya Bank |
Bhubaneswar |
Indian Overseas Bank |
| 2 |
Utkal Grameen Bank |
Balangir |
State Bank of India |
Regional Rural Banks in Puducherry 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Puduvai Bharathiar Grama Bank |
Muthialpet |
Indian Bank |
Regional Rural Banks in Punjab 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Malwa Gramin Bank |
Sangrur |
State Bank of Patiala |
| 2 |
Punjab Gramin Bank |
Kapurthala |
Punjab National Bank |
| 3 |
Sutlej Kshetriya Gramin Bank |
Bathinda |
Punjab & Sind Bank |
Regional Rural Banks in Rajasthan 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Baroda Rajasthan Kshetriya Gramin Bank |
Ajmer |
Bank of Baroda |
| 2 |
Rajasthan Marudhara Gramin Bank |
Jodhpur |
State Bank Of India |
Regional Rural Banks in Tamil Nadu 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Pallavan Grama Bank |
Salem |
Indian Bank |
| 2 |
Pandyan Grama Bank |
Virudhunagar |
Indian Overseas Bank |
Regional Rural Banks in Telangana 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Telangana Grameena Bank |
Hyderabad |
State Bank of Hyderabad Now SBI |
| 2 |
Andhra Pradesh Grameena Vikas Bank |
Warangal |
State Bank of India |
Regional Rural Banks in Tripura 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Tripura Gramin Bank |
Agartala |
United Bank of India |
Regional Rural Banks in Uttar Pradesh 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Allahabad UP Gramin Bank |
Banda |
Allahabad Bank |
| 2 |
Gramin Bank of Aryavart |
Lucknow |
Bank of India |
| 3 |
Ballia Kshetriya Gramin Bank |
Ballia |
CENTRAL BANK OF INDIA |
| 4 |
Baroda Uttar Pradesh Gramin Bank |
Rae Bareli |
Bank of Baroda |
| 5 |
Kashi Gomti Samyut Gramin Bank |
Varanasi |
Union Bank of India |
| 6 |
Prathama Bank |
Moradabad |
Syndicate Bank |
| 7 |
Sarva UP Gramin Bank |
Meerut |
Punjab National Bank |
| 8 |
Purvanchal Gramin Bank |
Gorakhpur |
State Bank of India |
Regional Rural Banks in Uttarakhand 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Uttarakhand Gramin Bank |
Dehradun |
State Bank of India |
Regional Rural Banks in West Bengal 2018
| S.No. |
List of RRBs |
Head Offices |
Sponsor bank |
| 1 |
Bangiya Gramin Vikash Bank |
Berhampur |
United Bank of India |
| 2 |
Paschim Banga Gramin Bank |
Howrah |
UCO Bank |
| 3 |
Uttar Banga Kshetriya Gramin Bank |
Coochbehar |
Central Bank of India |
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