rrbs

a. On account of the many restrictions place on the business they can undertake, RRBs have lowearning capacity. b. The wage and salary scales of RRBs have been rising and, in fact, with the recent award of a tribunal, their scales would approximate those of commercial banks; with the...

 RRBs had followed instructions given by RBI and Government of India regarding loan policies, procedures, etc.  The basic aim of setting up RRBs viz, developing the rural economy by providing credit for the development of agriculture, trade, commerce industry and other productive...

 Progress of RRBs: There are now 196 regional rural banks in 23 States with 14,500 branches. As at the end of September 1990 the regional rural banks had advanced Rs.3,560 crores by way of short-term crop loans, term loans for agricultural activities, for rural artisans, village and cottage...

Concessions to RRBs: From the beginning, the sponsor banks have continued to provide managerial and financial assistance to RRBs and also other concessions such as lower rate of interest on the latter’s borrowing from sponsor banks. Further, the cost of staff deputed to RRBs and training...

THIRUVANANTHAPURAM: The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 740 crore as crop loans to North Malabar Gramin Bank and South Malabar Gramin Bank during 2009-10. This amounted to a record 200 per cent growth over the previous year and both the banks...