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- Which committee has recommended to set up Regional Rural Banks (RRBs) ?
- Narasimham Committee in the year 1975
- What is the Ownership ratio of stakeholders in the RRBs?
- Central Govt-50%,State Govt-15%,Sponsor Bank-35%.
- Who regulates RRBs ?
- National Bank for Agriculture and Rural Development (NABARD).
- What is the total Number of RRBs as of Now?
- 56.
- Which Indian States don't have any RRBs as of now ?
- Goa & Sikkim.
- At Present how many states are having state level RRBs?
- 7 (Seven).
- The Regional Rural Banks (Amendment bill 2014) increased authorized capital from Rs. 5 Crore to ?
- Rs. 2,000Crore.
- The first fully Computerized RRB in the Country ?
- South Malabar Grameen Bank (Malappuramnear Kozhikode).
- Minimum Capital to Risk Weighted Assets Ratio (CRAR) of RRBs which they have to maintain ?
- 9%.
- Presently how much Budget provision for recapitalization of RRBs ?
- Rs.15 crore.
- RRBs are Classified as which type of Banks ?
- Commercial Banks.
- The Combined Capital of the Centre, State Govt and Sponsor Banks will not come down below ?
- 51%.
- RRBs are formed by which act ?
- RRB Act.1976.
- Committee for Recapitalization of Regional Rural Banks headed by ?
- KC Chakrabarty.
- When was the first RRB set up ?
- Prathama Grameen Bank on 2nd October 1975.
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