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Latest Articles in rural banks

RBI’s Penalty Policy May Cause Stir In Rural Banks

Meanwhile, the industry body has written to the banking regulator and asked them to review its decision. As per them, an ATM can usually run out of cash six times every month and approximately 50 per cent of the 213,000 ATMs are faced with this issue.

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Nabard Balance Sheet Grows 24% To Rs 6.57 Lakh Cr In FY21

Total refinance disbursement done by it stood at Rs 2.23 lakh crore, a growth of 25 per cent over 2019-20.

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Cabinet Approves Rs 1,340 Crore Recapitalisation Of Regional Rural Banks

The government has initiated structural consolidation of regional rural banks in three phases, thereby reducing their number from 196 in 2005 to 45 now.

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