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One State, One RRB Policy

Kumari Sonali

One State, One RRB Policy:

The Ministry of Finance has notified the amalgamation of 26 Regional Rural Banks (RRBs) across 10 states and 1 union territory under the “One State, One RRB” policy, effective from May 1, 2025, reducing the total number of RRBs to 28.A reform initiative of the Department of Financial Services aimed at consolidating RRBs within a state into a single entity.The consolidation process thus was initiated in the year 2005 as an off-shoot of Dr Vyas Committee Recommendations.

 

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