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Sitharaman directs rural banks to remove duplication of Jan Dhan accounts   Finance Minister Nirmala Sitharaman on Wednesday directed regional rural banks (RRBs) to remove duplication of Jan Dhan accounts and facilitate storage facility for apple growers particularly in Jammu and Kashmir and Himachal Pradesh.  She said this during a review meeting of RRBs, where she emphasised on digital capability upgradation of RRBs and instructed the chairman of Punjab National Bank (PNB) to ensure that all RRBs under its ambit acquire digital onboarding capabili...
Sitharaman directs rural banks to remove duplication of Jan Dhan accounts
Sitharaman directs rural banks to remove duplication of Jan Dhan accounts
Source: IANS
31/08/2023 9:46:58 AM
Despite economic slowdown, Tripura Gramin Bank posts profit for 12th straight year In spite of the Covid-induced economic slowdown, the Tripura Gramin Bank (TGB), one of the leading banks among the 43 Regional Rural Banks (RRBs) in India, registered a profit for the 12th straight year with a net gain of Rs 3.62 crore in the last fiscal (2022-23) and doing over Rs 11,271.92 crore business, a top bank official said here on Thursday. The TGB Chairman, Satyendra Singh said that as on March, 2023, his bank registered an operating profit of Rs 23.62 crore with a net profit of ...
Despite economic slowdown, Tripura Gramin Bank posts profit for 12th straight year
Despite economic slowdown, Tripura Gramin Bank posts profit for 12th straight year
Source: IANS
25/05/2023 4:07:28 PM
Mizoram Rural Bank set to expand its growth story The top brass of the Mizoram Rural Bank (MRB), one of the top performers among the 43 Regional Rural Banks (RRBs) in India, have met Mizoram Governor Hari Babu Kambhampati at the Raj Bhavan and apprised him about the performance of the bank and its future missions. The MRB delegation was led by its Chairman Vadde Jaya Chandra and General Manager C. Ramdinsanga. While appreciating the progress and success of MRB, the Governor expressed his concern that most of the people in the state are...
Mizoram Rural Bank set to expand its growth story
Mizoram Rural Bank set to expand its growth story
Source: Reuters
3/03/2022 9:43:22 AM
Merge RRBs with sponsor banks, AIBEA urges Finance Minister The merger of Regional Rural Banks (RRB) with their sponsor banks would avoid business cannibalization and reduction in administrative overheads, the All India Bank Employees' Association (AIBEA) said on Monday. In a letter to Union Finance Minister Nirmala Sitharaman, AIBEA General Secretary C.H. Venkatachalam said instead of further reforms in the RRB sector, it would be better to merge them with their sponsor banks as this will add to the rural network of the latter and at the same ...
Merge RRBs with sponsor banks, AIBEA urges Finance Minister
Merge RRBs with sponsor banks, AIBEA urges Finance Minister
Source: IANS
25/05/2021 9:04:42 AM