4th Phase of Consolidation of Regional Rural Banks
On 1st May 2025, the Centre’s One State-One Regional Rural Bank (RRB) policy came into effect.
- The consolidation is intended to achieve better operational efficiency and cost rationalisation.
- Post amalgamation, the number of RRBs across states/Union Territories decreased from 43 to 28.
What will be the Impact of Consolidation?
- Enhancement of digital services and customer experience in rural and semi-urban areas.
- Increase in capital base, boosting credit growth and supporting state-specific development goals.
One State-One RRB Policy (OS-OR)
- OS-OR Policy is a reform initiative by the Department of Financial Services aimed at consolidating multiple RRBs within a state into a single unified ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Sustainable Aviation Fuel
- 2 The FREE AI Framework: Regulating AI in Financial Sector
- 3 “Niveshak Didi- Phase II”
- 4 Dynamic Asset Allocation Active Fund of Funds
- 5 SEBI Clarifies Cybersecurity and Resilience Norms for Regulated Entities
- 6 Inverted Duty Structure under GST
- 7 Cabinet Approves Incentive Scheme to Promote Critical Mineral Recycling
- 8 Annual Survey of Industries 2023-24
- 9 Matsya Shakti Project
- 10 VOPPA (Regulation) Order, 2025
