Regional Rural Banks in India are an integral part of the
rural credit structure of the country. Since the very beginning, when the
Regional Rural Banks in India (RRBs) were established in October 2, 1975, these
banks played a pivotal role in the economic development of the rural India. The
main goal of establishing regional rural banks in India was to provide credit
to the rural people who are not economically strong enough, especially the
small and marginal farmers, artisans, agricultural labours, and even small
entrepreneurs.
The Conception and the Brief history
The history of regional rural banks in India dates back
to the year 1975. It's the Narsimham committee that conceptualized the
foundation of regional rural banks in India. The committee felt the need of
'regionally oriented rural banks' that would address the problems and
requirements of the rural people with local feel, yet with the same level of
professionalism of commercial banks. Five regional rural banks were set up on
October 2 with a total authorized capital of ` 1
crore, which later augmented to ` 5 crore. There were
five commercial banks, viz. Punjab National Bank, State Bank of India,
Syndicate Bank, United Bank of India and United Commercial Bank, which
sponsored the regional rural banks. The equities of rural banks were divided in
a proportion of 50:35:15 among the Central Government, the Sponsor bank and the
concerned State Government.
The following years have not been so easy for the
regional rural banks in India, as there were major concern of financial
viability. A number of committees were formed to find out solution. Studies
were conducted to find out the factors that influence RRBs performance. The
roles played by the sponsor banks were also analyzed.
List of Regional Rural Banks in India
There are a number of regional rural banks in India.
Following are the state-wise list of Indian regional rural banks.
Andhra Pradesh
Andhra Pradesh Grameena Vikas Bank
Andhra Pragathi Grameena Bank
Deccan Grameena Bank
Chaitanya Godavari Grameena Bank
Saptagiri Grameena Bank
Arunachal Pradesh
Arunachal Pradesh Rural Bank
Assam
Assam Gramin Vikash Bank
Langpi Dehangi Rural Bank
Bihar
Madhya Bihar Gramin Bank
Bihar Kshetriya Gramin Bank
Uttar Bihar Kshetriya Gramin Bank
Kosi Kshetriya Gramin Bank
Samastipur Kshetriya Gramin Bank
Chhattisgarh
Chhattisgarh Gramin Bank
Surguja Kshetriya Gramin Bank
Durg-Rajnandgaon Gramin Bank
Gujarat
Dena Gujarat Gramin Bank
Baroda Gujarat Gramin Bank
Saurashtra Gramin Bank
Haryana
Harayana Gramin Bank
Gurgaon Gramin Bank
Himachal Pradesh
Himachal Gramin Bank
Parvatiya Gramin Bank
Jammu & Kashmir
Jammu Rural Bank
Ellaquai Dehati Bank
Kamraz Rural Bank
Jharkhand
Jharkhand Gramin Bank
Vananchal Gramin Bank
Karnataka
Karnataka Vikas Grameena Bank
Pragathi Gramin Bank
Cauvery Kalpatharu Grameena Bank
Krishna Grameena Bank
Chimagalur-Kodagu Grameena Bank
Visveshvaraya Gramin Bank
Kerala
Narmada Malwa Gramin Bank
North Malabar Gramin Bank
Madhya Pradesh
Narmada Malwa Gramin Bank
Satpura Kshetriya Gramin Bank
Madhya Bharath Gramin Bank
Chambal-Gwalior Kshetriya Gramin Bank
Rewa-Sidhi Gramin Bank
Sharda Gramin Bank
Ratlam-Mandsaur Kshetriya Gramin Bank
Vidisha Bhopal Kshetriya Gramin Bank
Mahakaushal Kshetriya Gramin Bank
Jhabua Dhar Kshetriya Gramin Bank
Maharashtra
Marathwada Gramin Bank
Aurangabad-Jalna Gramin Bank
Wainganga Kshetriya Gramin Bank
Vidharbha Kshetriya Gramin Bank
Solapur Gramin Bank
Thane Gramin Bank
Ratnagiri-Sindhudurg Gramin Bank
Manipur
Manipur Rural Bank
Meghalaya
Ka Bank Nogkyndong Ri Khasi-Jaintia
Mizoram
Mizoram Rural Bank
Nagaland
Nagaland Rural Bank
Orissa
Kalinga Gramya Bank
Utkal Gramya Bank
Baitarani Gramya Bank
Neelachal Gramya Bank
Rushikulya Gramya Bank
Punjab
Punjab Gramin Bank
Faridkot-Bhatinda Kshetriya Gramin Bank
Malwa Gramin Bank
Rajasthan
Baroda Rajasthan Gramin Bank
Marwar Ganganagar Bikaner Gramin Bank
Rajasthan Gramin Bank
Jaipur Thar Gramin Bank
Hodoti Kshetriya Gramin Bank
Mewar Anchalik Gramin Bank
Tamil Nadu
Pandyan Grama Bank
Pallavan Grama Bank
Tripura
Tripura Gramin Bank
Uttar Pradesh
Purvanchal Gramin Bank
Kashi Gomti Samyut Gramin Bank
Uttar Pradesh Gramin Bank
Shreyas Gramin Bank
Lucknow Kshetriya Gramin Bank
Ballia Kshetriya Gramin Bank
Triveni Kshetriya Gramin Bank
Aryavart Gramin Bank
Kisan Gramin Bank
Kshetriya Kisan Gramin Bank
Etawah Kshetriya Gramin Bank
Rani Laxmi Bai Kshetriya Gramin Bank
Baroda Western Uttar Pradesh Gramin Bank
Devipatan Kshetriya Gramin Bank
Prathama Bank
Baroda Eastern Uttar Pradesh Gramin Bank
Uttaranchal
Uttaranchal Gramin Bank
Nainital Almora Kshetriya Gramin Bank
West Bengal
Bangiya Gramin Vikash Bank
Paschim Banga Gramin Bank
Uttar Banga Kshetriya Gramin Bank
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