Regional Rural Banks (RRBs) are scheduled commercial banks in India that are controlled by the government and do regional business in several Indian states. The Indian government’s Ministry of Finance is the owner of these banks. They were established to provide fundamental banking and financial services to rural communities. RRBs do have urban branches though. The IBPS RRB test is given nationwide by the Institute of Banking Personnel Selection, one of the biggest organizations in the nation’s banking sector. Aspirants can review the list of regional rural banks in India in this article, along with information on their history, Number of regional rural banks in India, roles, sponsor banks, and head offices. Without further ado, let’s jump into the article.
Regional Rural Banks History
- In accordance with the terms of the Regional Rural Banks Act, 1976 and the Ordinance published on September 26, 1975, the Regional Rural Banks (RRBs) were created in 1975.
- RRBs are financial organizations that guarantee sufficient credit for rural industries like agriculture.
- In terms of acquaintance with rural issues and a commercial bank’s expertise and capacity for financial resource mobilization, the RRBs mix traits from both groups.
- Following the reforms of the 1990s, the government launched a programme of consolidation in 2005–2006, which led to a decrease in the number of RRBs from 196 in 2005 to 43 in FY21, with 30 of the 43 RRBs reporting net profits.
RRB Bank Full Form
The RRB Bank Full form is Regional Rural Banks. They are regionally active commercial and government banks in the several states of India. They provide basic banking services and other financial services to the nation’s rural communities.
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Regional Rural Banks In India PDF
Aspirants can download the regional rural banks in India PDF with a list of regional rural banks in India 2022, Total regional rural banks in India 2022. Also check No of regional rural banks in India 2022 . Download Regional rural banks in India list PDF and answer questions asked in Regional rural banks in India UPSC, SSC and bank exams.
Regional Rural Banks In India PDF Download
RRB Banks In India 2022
The various types Of Regional Rural Banks available state wise are listed.
Regional Rural Banks In India List
| State | Name of RRB | Sponsor Bank | Head Office |
| Andhra Pradesh | Andhra Pragathi Grameena Bank | Syndicate Bank | Kadapa |
| Chaitanya Godavari Grameena Bank | Andhra Bank | Guntur | |
| Andhra Pradesh Grameena Vikas Bank | State Bank of India | Kadapa | |
| Saptagiri Grameena Bank | Indian Bank | Chittor | |
| Arunachal Pradesh | Arunachal Pradesh Rural Bank | State Bank of India | Naharlagun |
| Assam | Assam Gramin Vikash Bank | United Bank of India | Guwahati |
| Langpi Dehangi Rural Bank | State Bank of India | Diphu | |
| Bihar | Uttar Bihar Gramin Bank | Central Bank of India | Muzaffarpur |
| Bihar Gramin Bank | UCO Bank | Patna | |
| Madhya Bihar Gramin Bank | Punjab National Bank | Patna | |
| Chhattisgarh | Chhattisgarh Rajya Gramin Bank | State Bank of India | Raipur |
| Gujarat | Baroda Gujarat Gramin Bank | Bank of Baroda | Bharuch |
| Dena Gujarat Gramin Bank | Dena Bank | Gandhinagar | |
| Saurashtra Gramin Bank | State Bank of India | Rajkot | |
| Haryana | Sarva Haryana Gramin Bank | Punjab National Bank | Rohtak |
| Himachal Pradesh | Himachal Pradesh Gramin Bank | Punjab National Bank | Mandi |
| Jammu and Kashmir | Ellaquai Dehati Bank | State Bank of India | Srinagar |
| J&K Grameen Bank | J&K Bank Ltd. | Jammu | |
| Jharkhand | Vananchal Gramin Bank | State Bank of India | Ranchi |
| Jharkhand Gramin Bank | Bank of India | Ranchi | |
| Karnataka | Pragathi Krishna Gramin Bank | Canara Bank | Ballari |
| Kaveri Gramin Bank | State Bank of India | Mysuru | |
| Karnataka Vikas Grameena Bank | Syndicate Bank | Dharwad | |
| Kerala | Kerala Gramin Bank | Canara Bank | Mallapuram |
| Madhya Pradesh | Narmada Jhabua Gramin Bank | Bank of India | Indore |
| Central Madhya Pradesh Gramin Bank | Central Bank of India | Indore | |
| Madhyanchal Gramin Bank | State Bank of India | Sagar | |
| Maharashtra | Vidarbha Konkan Gramin Bank | Bank of India | Nagpur |
| Maharashtra Gramin Bank | Bank of Maharashtra | Aurangabad | |
| Manipur | Manipur Rural Bank | United Bank of India | Imphal |
| Meghalaya | Meghalaya Rural Bank | State Bank of India | Shillong |
| Mizoram | Mizoram Rural Bank | State Bank of India | Aizawl |
| Nagaland | Nagaland Rural Bank | State Bank of India | Kohima |
| Odisha | Odisha Gramya Bank | Indian Overseas Bank | Bhubaneshwar |
| Utkal Grameen Bank | State Bank of India | Bolangir | |
| Puducherry | Puduvai Bharathiar Grama Bank | Indian Bank | Puducherry |
| Punjab | Punjab Gramin Bank | Punjab National Bank | Kapurthala |
| Malwa Gramin Bank | State Bank of India | Sangrur | |
| Sutlej Gramin Bank | Bhatinda | ||
| Rajasthan | Baroda Rajasthan Kshetriya Gramin Bank | Bank of Baroda | Ajmer |
| Rajasthan Marudhara Gramin Bank | State Bank of India | Jodhpur | |
| Tamil Nadu | Pallavan Grama Bank | Indian Bank | Salem |
| Pandyan Grama Bank | Indian Overseas Bank | Virudhunagar | |
| Telangana | Telangana Grameena Bank | State Bank of India | Hyderabad |
| Tripura | Tripura Gramin Bank | United Bank of India | Agartala |
| Uttar Pradesh | Gramin Bank of Aryavart | Bank of India | Lucknow |
| Allahabad UP Gramin Bank | Allahabad Bank | Banda | |
| Baroda Uttar Pradesh Gramin Bank | Bank of Baroda | Raebareli | |
| Kashi Gomti Samyut Gramin Bank | Union Bank of India | Varanasi | |
| Sarva UP Gramin Bank | Punjab National Bank | Meerut | |
| Prathama UP Gramin Bank | Syndicate Bank | Moradabad | |
| Purvanchal Bank | State Bank of India | Gorakhpur | |
| Uttarakhand | Uttarakhand Gramin Bank | State Bank of India | Dehradun |
| West Bengal | Bangiya Gramin Vikash Bank | United Bank of India | Murshidabad |
| Paschim Banga Gramin Bank | UCO Bank | Howrah | |
| Uttarbanga Kshetriya Gramin Bank | Central Bank of India | Coochbehar |
Functions Of Regional Rural Banks In India
Following is a list of a bank’s fundamental duties:
- To create credit and expand the quantity of money, to protect clients’ investments, and
- In order to increase social equity, financial services must be made available to all social strata.
- This will boost public confidence in the financial system, mobilize public savings, expand its network to include all societal segments, and provide financial services to all customers regardless of their income level.
Regional Rural Banks Organizational Structure
The size and type of the business that each branch does determines the organizational structure for RRBs, which differs from branch to branch. Three to nine departments were often found at an RRB’s head office. The decision-making hierarchy among RRB officials is as follows.
- Board of Directors
- Chairman & Managing Director
- General Manager
- Assistant General Manager
- Regional Manager/Chief Manager
- Senior Manager
- Manager
- Officer
- Office Assistant
- Office Attendant
Advantages Of Regional Rural Banks In India
- Regional Rural Banks support the nation’s rural areas’ overall growth.
- In these regions, they create job possibilities.
- By offering credit facilities there, they help rural economies by enabling residents to conduct trade and business.
- Such banks can be used by the government to implement a number of incentives and programmes, particularly for rural India.
FAQs – List Of Regional Rural Banks In India 2022
Q. How many regional rural banks are there in India 2022?
There are 56 Regional Rural Banks in India and amongst those, only 43 RRBs are participating in 2022.
Q. Which state has the highest number of RRBs in India 2022?
Uttar Pradesh has the highest number of 36 RRBs, followed by Madhya Pradesh with 19 and Bihar with 16 RRBs.
Q. Which banks are regional rural banks in India?
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of the Ministry of Finance , Government of India. They were created to serve rural areas with basic banking and financial services.
Q. Which is the biggest Gramin bank in India?
Karnataka Gramin Bank, the largest regional rural bank (RRB) of South India, has clocked a total business of Rs. 57,210 crore.
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