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Below the Views on One State, One RRB by Mr. Dilip Modi, Founder & CEO of Spice Money

"The government's 'One State, One RRB' initiative marks a pivotal advancement in fortifying India's rural banking infrastructure. By consolidating Regional Rural Banks (RRBs) into singular, robust entities per state, this reform aims to harness economies of scale, streamline operations, and enhance technological integration. Such a unified structure is poised to amplify RRBs' capacity to extend credit, particularly in agriculture, allied sectors, MSMEs, and government-sponsored schemes—areas crucial for rural economic vitality.

Notably, RRBs have expanded their footprint to over 22,000 branches across 700 districts, with more than 92% situated in rural and semi-urban locales. This extensive reach, combined with a consolidated net profit of Rs.7,148 crore in FY 2024-25 and a decade-low Gross Non-Performing Assets (GNPA) ratio of 5.3%, underscores their pivotal role in financial inclusion. 

At Spice Money, we envision this consolidation as a catalyst for deeper collaboration between RRBs and fintech entities. By leveraging our digital platforms and last-mile connectivity through a network of 1.5 Mn adhikaris (Non - Bank BCs), we aim to complement RRBs' efforts in delivering tailored financial solutions to underserved populations. Together, we can foster a more inclusive, efficient, and resilient rural banking ecosystem that empowers every Indian citizen."

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