REGIONAL RURAL BANK (RRB):
1) REGIONAL RURAL BANK were set up by an ordinance in 1975,
later replaced by RRBs Act, 1976 as pre Banking Commission recommendation in
1975.
2) Father of RRB is M.Swaminathan.
3) The Govt. of India had appointed a Working Group on rural
Banks under the chairmanship of Mr. M. Narasimham in 1975. First 5 RRBs were
set up on 2 nd Oct.,
4) At the end of June 1985, 183 RRBS with the network of
10,245branches have opened in the states of the Indian union. .
OBJECTIVES OF RRB:
1)To provide banking services to the rural people to their
door steps as they are unable to get such services
