Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1


Ratings: (0)|Views: 1,629|Likes:
Published by Prof S P Garg

More info:

Published by: Prof S P Garg on Apr 23, 2010
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as DOC, PDF, TXT or read online from Scribd
See more
See less





Growth and Development of Regional Rural Banks:CASE STUDY of Two Major RRBsPGDM 2008-10PROJECT REPORT
Submitted to:Prof. S. P. Garg
Submitted by:Swati SaxenaSuniti BadayaSwapnil Mathur
Introduction of RRBs3 Developments in RRBs4-5List of Amalgamated RRBs6-8Case study of two major RRBs9-13 Recommendation & Suggestion14-16Conclusion17
Regional Rural Banks were established under the provisions of an Ordinance promulgated on the26th September 1975 and the RRB Act, 1976 with an objective to ensure sufficient institutionalcredit for agriculture and other rural sectors. The RRBs mobilize financial resources from ruralsemi-urban areas and grant loans and advances mostly to small and marginal farmers,agricultural labourers and rural artisans. The area of operation of RRBs is limited to the area asnotified by GoI covering one or more districts in the State. RRBs are jointly owned by GoI, theconcerned State Government and Sponsor Banks (27 scheduled commercial banks and one StateCooperative Bank); the issued capital of a RRB is shared by the owners in the proportion of 50%, 15% and 35% respectively.SBI has 30 Regional Rural Banks in India known as RRBs. The rural banks of SBI are spread in13 states extending from Kashmir to Karnataka and Himachal Pradesh to North East. The totalnumber of SBIs Regional Rural Banks in India branches is 2349 (16%). Till date in rural bankingin India, there are 14,475 rural banks in the country of which 2126 (91%) are located in remoterural areas.Apart from SBI, there are other few banks which functions for the development of the rural areasin India. Few of them are as follows.
Haryana State Cooperative Apex Bank Limited
The Haryana State Cooperative Apex Bank Ltd. commonly called as HARCOBANK plays avital role in rural banking in the economy of Haryana State and has been providing aids andfinancing farmers, rural artisans, agricultural labourers, entrepreneurs, etc. in the state and givingservice to its depositors.
 National Bank for Agriculture and Rural Development (NABARD) is a development bank in thesector of Regional Rural Banks in India. It provides and regulates credit and gives service for the promotion and development of rural sectors mainly agriculture, small scale industries, cottageand village industries, handicrafts. It also finances rural crafts and other allied rural economicactivities to promote integrated rural development. It helps in securing rural prosperity and itsconnected matters.
Sindhanur Urban Souharda Co-operative Bank 
Sindhanur Urban Souharda Co-operative Bank, popularly known as SUCO BANK is the first of its kind in rural banks of India. The impressive story of its inception is interesting and inspiringfor all the youth of this country.
United Bank of India

Activity (22)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Hitesh Shah liked this
Anand Narayanan liked this
Godwin Morris liked this
Pardeep Gupta liked this
khandeliavivek liked this
Payal Rana liked this
Pronita Handique liked this
charuuta liked this

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->