1st Slide:

GREETINGS! (Good aft!/Good morning!)

I am Tracy Jane Verzosa and I will be your reporter for today.

2nd Slide:
What are we going to learn?
At the end of the period, we are expected to learn about these following topics.
Today’s presentation includes:
(Subtopics)

3rd Slide:
Rural bank definition (read)
As mentioned, rural bank is a financial instituion. Financial institutions or “financia
l intermediaries” are the one that facilitatew of funds from savers to borrowers.
They are necessary in the flow of funds present in our financial market. We alre
ady know what cooperatives are as well as deposits. One thing that highlights ru
ral bank from all other financial institution is that they are mainly focused on ser
vicing rural areas. (remote/underdeveloped areas)
Give examples:

4th Slide:

The Regional Rural Banks were established on the recommendations of Narsimha

Committee on Rural Credit. The committee was of the view that RRBs would be
much better suited than the commercial banks or Co-Operative Banks in meeting
the needs of rural areas. Considering the recommendations of the committee the
Government of India passed Regional Rural Banks Act 1976. After passing the Ac
t within a year at least 25 RRBs were established in different parts of India.

The Regional Rural Banks were established with a view to develop such type of
banking institutions which could function as a commercial organization in rural ar
eas.