Regional Rural Banks; Andhra Pradesh; 1. Regional Rural Banks (RRBs) of India Introduction to Regional Rural Banks of India: Rural banking institutions are playing a very important role for all-round development of rural areas of the country. Mohammad Yunus Entrepreneur Visionary Banker Economist Professor Nobel Peace Prize Recipient 2. Regional Rural Banks (RRBs) as like any other scheduled commercial banks (SCBs) in the country mobilizes the deposits of people and as a business institution it utilizes deposit in providing credit to needy people in rural and backward areas and thereby tries to earn certain profit for its survival. Visit once and stay connected RRBs Rural banking in India started since the establishment of banking sector in India. Regional Rural Banks (RRBs) are financial institutions which ensure adequate credit for agriculture and other rural sectors . Regional Rural Banks are regulated RBI and supervised by National Bank for Agriculture and Rural Development (NABARD). Regional Rural Banks were set up on the basis of the recommendations of the Narasimham Working Group (1975), and after the legislations of the Regional Rural Banks Act, 1976. There are 30 Regional Rural Banks in India, under the State Bank of India and it is spread in 13 states across India. The Chairman Andhra Pragathi Grameena Bank Head Office, Beside Mariyapuram Church, Mariyapuram Kadapa – 516003 Andhra Pradesh Website: www.apgb.in: 2. Gujarat and Karnataka too have demanded formation of state level RRB. The They are governed by Regional Rural Bank act, 1976 50% capital is provided by central govt., 15% by state govt., 35% by sponsoring public sector bank. Regional Rural Banks (RRBs), now spread all over India, play an important role in the all round rural development of the nation, and also for the financial-inclusion mission. These Regional Rural Banks (RRBs) have been receiving a high degree of importance and attention in the rural credit system. Features of RRB: x x The area of RRB is limited to only a region, comprising of some district of a state These banks grant loan only to the rural agriculture sector and small artisans. Students career guide, part time job opportunities, life time income earning opportunities, mast fun and entertainment. Regional rural banks Private Sector Banks: Foreign Banks, Scheduled and Non- Scheduled Banks Co-operative Sector: State Co-operative Banks, ... – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 4cb0f7-NGNlY Regional Rural Banks (RRBs) shivusira.webs.com. Tripura, Nagaland, Manipur, Mizoram, Arunachal Pradesh Meghalaya and Puducherry, have state-level RRBs. The State Bank of India is one of the major commercial banks having regional rural banks. The Chairman Chaitanya Godavari Grameena Bank Head Office, D. 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