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 ....
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