Finance Minister Reviews Performance of RRBs of NE Region
On 30th September, 2024, Union Finance Minister chaired a meeting in Itanagar, Arunachal Pradesh, to review performance of 7 Regional Rural Banks of the North East (NE) Region covering the states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
Major Highlights
- Improvement in Financial Performance: Union Finance Minister (FM) was apprised about the improvement in the financial performance of the RRBs of the Northeast and their technology upgradation ever since the regular review was initiated in 2022.
- GNPA: The Gross Non-Performing Assets (GNPA) has also improved from 15.6% in FY 2022 to 7.3% in FY 2024.
- PMJDY: Emphasized that ....
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