List of Regional Rural Banks in India UPSC Notes

Regional Rural Banks in India: Regional rural banks (RRBs) operate in rural areas across the country. The Institute of Banking Personnel Selection (IBPS) is in charge of conducting Officer and Office Assistant Examinations in various RRBs. IBPS is one of the largest banking sector organizations in India, which conducts the IBPS RRB Examination across the country.

Table of Contents

Introduction of regional rural banks

• As the name suggests, Regional Rural Banks (RRBs) are established to provide banking services to regional areas.

• RRBs are government-owned scheduled commercial banks of India.

• Most RRBs operate at the regional level in different states of India. However, several RRBs have branches in urban areas as well.

• These banks are under the ownership of the Ministry of Finance, Government of India.

• Originally they were created to facilitate basic banking as well as financial services in rural areas.

Total regional rural banks in India

• Currently there are 43 regional rural banks in India.

• The first Regional Rural Bank was the Prothma Bank of Uttar Pradesh.

5 Regional Regional Rural Banks were established on 2 October 1975.

Merger of regional rural banks

• In January 2013, 25 RRBs were merged into 10 RRBs, totaling 67 RRBs.

• As of March 2016, there were 56 RRBs, covering 525 districts with a network of 14,494 branches.

• As of 1 April 2020, there are 43 RRBs in India.

List of regional rural banks in India

Sl. No. Name of Regional Rural Bank Sponsor Bank State
1 Andhra Pradesh Grameena Vikas Bank State Bank of India Telangana
2 Andhra Pragathi Grameena Bank Canara Bank Andhra Pradesh
3 Arunachal Pradesh Rural Bank State Bank of India Arunachal Pradesh
4 Aryavart Bank Bank of India Uttar Pradesh
5 Assam Gramin Vikash Bank Punjab National Bank Assam
6 Bangiya Gramin Vikash Bank Punjab National Bank West Bengal
7 Baroda Gujarat Gramin Bank Bank of Baroda Gujarat
8 Baroda Rajasthan Kshetriya Gramin Bank Bank of Baroda Rajasthan
9 Baroda UP Bank Bank of Baroda Uttar Pradesh
10 Chaitanya Godavari Grameena Bank Union Bank of India Andhra Pradesh
11 Chhattisgarh Rajya Gramin Bank State Bank of India Chhattisgarh
12 Dakshin Bihar Gramin Bank Punjab National Bank Bihar
13 Ellaquai Dehati Bank State Bank of India Jammu & Kashmir
14 Himachal Pradesh Gramin Bank Punjab National Bank Himachal Pradesh
15 J&K Grameen Bank J&K Bank Ltd. Jammu & Kashmir
16 Jharkhand Rajya Gramin Bank State Bank of India Jharkhand
17 Karnataka Gramin Bank Canara Bank Karnataka
18 Karnataka Vikas Grameena Bank Canara Bank Karnataka
19 Kerala Gramin Bank Canara Bank Kerala
20 Madhya Pradesh Gramin Bank Bank of India Madhya Pradesh
21 Madhyanchal Gramin Bank State Bank of India Madhya Pradesh
22 Maharashtra Gramin Bank Bank of Maharashtra Maharashtra
23 Manipur Rural Bank Punjab National Bank Manipur
24 Meghalaya Rural Bank State Bank of India Meghalaya
25 Mizoram Rural Bank State Bank of India Mizoram
26 Nagaland Rural Bank State Bank of India Nagaland
27 Odisha Gramya Bank Indian Overseas Bank Odisha
28 Paschim Banga Gramin Bank UCO Bank West Bengal
29 Prathama UP Gramin Bank Punjab National Bank Uttar Pradesh
30 Puduvai Bharthiar Grama Bank Indian Bank Puducherry
31 Punjab Gramin Bank Punjab National Bank Punjab
32 Rajasthan Marudhara Gramin Bank State Bank of India Rajasthan
33 Saptagiri Grameena Bank Indian Bank Andhra Pradesh
34 Sarva Haryana Gramin Bank Punjab National Bank Haryana
35 Saurashtra Gramin Bank State Bank of India Gujarat
36 Tamil Nadu Grama Bank Indian Bank Tamil Nadu
37 Telangana Grameena Bank State Bank of India Telangana
38 Tripura Gramin Bank Punjab National Bank Tripura
39 Utkal Grameen Bank State Bank of India Odisha
40 Uttar Banga Kshetriya Gramin Bank Central Bank of India West Bengal
41 Uttar Bihar Gramin Bank Central Bank of India Bihar
42 Uttarakhand Gramin Bank State Bank of India Uttarakhand
43 Vidharbha Konkan Gramin Bank Bank of India Maharashtra

State-wise List of Regional Rural Banks in India

Regional Rural Banks in Andhra Pradesh

Name of RRB Sponsor Bank Head Office
Andhra Pragathi Grameena Bank Syndicate Bank Kadapa
Chaitanya Godavari Grameena Bank Andhra Bank Guntur
Andhra Pradesh Grameena Vikas Bank State Bank of India Kadapa
Saptagiri Grameena Bank Indian Bank Chittor

Regional Rural Banks in Arunachal Pradesh

Name of RRB Sponsor Bank Head Office
Arunachal Pradesh Rural Bank State Bank of India Naharlagun

Regional Rural Banks in Assam

Name of RRB Sponsor Bank Head Office
Assam Gramin Vikash Bank United Bank of India Guwahati
Langpi Dehangi Rural Bank State Bank of India Diphu

Regional Rural Banks in Bihar

Name of RRB Sponsor Bank Head Office
Uttar Bihar Gramin Bank Central Bank of India Muzaffarpur
Bihar Gramin Bank UCO Bank Patna
Madhya Bihar Gramin Bank Punjab National Bank Patna

Regional Rural Banks in Chhattisgarh

Name of RRB Sponsor Bank Head Office
Chhattisgarh Rajya Gramin Bank State Bank of India Raipur

Regional Rural Banks in Gujarat

Name of RRB Sponsor Bank Head Office
Baroda Gujarat Gramin Bank Bank of Baroda Bharuch
Dena Gujarat Gramin Bank Dena Bank Gandhinagar
Saurashtra Gramin Bank State Bank of India Rajkot

Regional Rural Banks in Haryana

Name of RRB Sponsor Bank Head Office
Sarva Haryana Gramin Bank Punjab National Bank Rohtak

Regional Rural Banks in Himachal Pradesh

Name of RRB Sponsor Bank Head Office
Himachal Pradesh Gramin Bank Punjab National Bank Mandi

Regional Rural Banks in Jammu and Kashmir

Name of RRB Sponsor Bank Head Office
Ellaquai Dehati Bank State Bank of India Srinagar
J&K Grameen Bank J&K Bank Ltd. Jammu

Regional Rural Banks in Jharkhand

Name of RRB Sponsor Bank Head Office
Vananchal Gramin Bank State Bank of India Ranchi
Jharkhand Gramin Bank Bank of India Ranchi

Regional Rural Banks in Karnataka

Name of RRB Sponsor Bank Head Office
Pragathi Krishna Gramin Bank Canara Bank Ballari
Kaveri Gramin Bank State Bank of India Mysuru
Karnataka Vikas Grameena Bank Syndicate Bank Dharwad

Regional Rural Banks in Kerala

Name of RRB Sponsor Bank Head Office
Kerala Gramin Bank Canara Bank Mallapuram

Regional Rural Banks in Madhya Pradesh

Name of RRB Sponsor Bank Head Office
Narmada Jhabua Gramin Bank  Bank of India Indore
Central Madhya Pradesh Gramin Bank Central Bank of India Indore
Madhyanchal Gramin Bank State Bank of India Sagar

Regional Rural Banks in Maharashtra

Name of RRB Sponsor Bank Head Office
Vidarbha Konkan Gramin Bank Bank of India Nagpur
Maharashtra Gramin Bank Bank of Maharashtra Aurangabad

Regional Rural Banks in Manipur

Name of RRB Sponsor Bank Head Office
Manipur Rural Bank United Bank of India Imphal

Regional Rural Banks in Meghalaya

Name of RRB Sponsor Bank Head Office
Meghalaya Rural Bank State Bank of India Shillong

Regional Rural Banks in Uttar Pradesh

Name of RRB Sponsor Bank Head Office
Gramin Bank of Aryavart Bank of India Lucknow
Allahabad UP Gramin Bank Allahabad Bank Banda
Baroda Uttar Pradesh Gramin Bank Bank of Baroda Raebareli
Kashi Gomti Samyut Gramin Bank Union Bank of India Varanasi
Sarva UP Gramin Bank Punjab National Bank Meerut
Prathama UP Gramin Bank Syndicate Bank Moradabad
Purvanchal Bank State Bank of India Gorakhpur

Regional Rural Banks in Mizoram

Name of RRB Sponsor Bank Head Office
Mizoram Rural Bank State Bank of India Aizawl

Regional Rural Banks in Tamil Nadu

Name of RRB Sponsor Bank Head Office
Pallavan Grama Bank Indian Bank Salem
Pandyan Grama Bank Indian Overseas Bank Virudhunagar

Regional Rural Banks in Nagaland

Name of RRB Sponsor Bank Head Office
Nagaland Rural Bank State Bank of India Kohima

Regional Rural Banks in Odisha

Name of RRB Sponsor Bank Head Office
Utkal Grameen Bank State Bank of India Bolangir
Odisha Gramya Bank Indian Overseas Bank Bhubaneshwar

Regional Rural Banks in Tripura

Name of RRB Sponsor Bank Head Office
Tripura Gramin Bank United Bank of India Agartala

Regional Rural Banks in Uttarakhand

Name of RRB Sponsor Bank Head Office
Uttarakhand Gramin Bank State Bank of India Dehradun

Regional Rural Banks in Puducherry

Name of RRB Sponsor Bank Head Office
Puduvai Bharathiar Grama Bank Indian Bank Puducherry

Regional Rural Banks in Telangana

Name of RRB Sponsor Bank Head Office
Telangana Grameena Bank State Bank of India Hyderabad

Regional Rural Banks in Punjab

Name of RRB Sponsor Bank Head Office
Punjab Gramin Bank Punjab National Bank Kapurthala
Malwa Gramin Bank State Bank of India Sangrur
Sutlej Gramin Bank Bhatinda

Regional Rural Banks in Rajasthan

Name of RRB Sponsor Bank Head Office
Baroda Rajasthan Kshetriya Gramin Bank Bank of Baroda Ajmer
Rajasthan Marudhara Gramin Bank State Bank of India Jodhpur

Regional Rural Banks in West Bengal

Name of RRB Sponsor Bank Head Office
West Bengal Bangiya Gramin Vikash Bank United Bank of India Murshidabad
Paschim Banga Gramin Bank UCO Bank Howrah
Uttarbanga Kshetriya Gramin Bank Central Bank of India Coochbehar

Functions of regional rural banks in India

• The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State.

• RRBs provide the following under basic banking facilities_______

• RRBs perform several functions such as providing banking facilities to rural and semi-urban areas.

Carrying out government operations such as

  1. Disbursement of wages of MGNREGA workers
  2. Distribution of pensions

Providing para-banking facilities like

  1. Locker facilities
  2. Debit and credit cards
  3. Mobile banking
  4. Internet banking
  5. UPI services

History of regional rural banks in India

• Regional Rural Banks were established under the provisions of an Ordinance passed on 26 September 1975.

• As a result, five RRBs were set up on 2 October 1975.

• These 5 RRBs were established on the recommendation of the Narasingham Committee.

• In India, regional rural banks were established during Indira Gandhi’s government.

• The objective was to bring rural areas into the economic mainstream as about 70% of the Indian population was rural.

List of First 5 regional rural banks in India

• The first five regional rural banks were established on 2 October 1975.

• Prothma Bank of Uttar Pradesh (head office Moradabad) was India’s first RRB.

• Prothma Bank was sponsored by Syndicate Bank and had an authorized capital of Rs. 5 crore rupees.

Sl. No. Name of Regional Rural Bank Sponsor Bank State
1 Prathama Bank Syndicate Bank Moradabad, Uttar Pradesh
2 Gaur Gramin Bank UCO Bank Sahajadpur, West Bengal
3 Gorakhpur Kshetriya Gramin Bank State Bank of India Gorakhpur, Uttar Pradesh
4 Haryana Kshetriya Gramin Bank Punjab National Bank Haryana
5 Jaipur-Nagaur Anchalik Gramin Bank UCO Bank Jaipur, Rajasthan

Owner of Regional Rural Banks

• RRBs were owned by the Central Government, State Governments, and Sponsor Banks with 50%, 15%, and 35% shareholding respectively.

Key points about regional rural banks in India

• RRBs are scheduled commercial banks.
• The RRB is regulated by NABARD.

• As on 1 April 2020, the number of RRBs in India stands at 43.

• Andhra Pradesh has the highest number of RRBs (4).
• There may be one or more RRBs in a particular state.
• They operated at the regional level.

Frequently Asked Questions (FAQ) about regional rural banks in India

Q1. Regional rural banks are sponsored by _

Answer: In RRBs, 15% stake is held by the state government, 50% by the central government, and 35% by the sponsor bank.

Q2. Authorised capital of regional rural banks should be _

Answer: Authorised capital of each RRB to be Rs five crore.

Q3. How many regional rural banks in India?

Answer: 43 (As of 1 April, 2020)

Q4. Regional rural banks were set by the

Answer: Like other public sector Banks RRBs are established by Government of India and are scheduled & notified by Reserve Bank of India.

Q5. What is the purpose behind the establishment of regional rural banks?

Answer: It provides basic banking facilities in rural areas like locker facilities, debit and credit cards, mobile banking, internet banking, UPI services.

Q6. In India regional rural banks were constituted in:

Answer: Regional Rural Banks were set up on 1975.

Q7. Which committee recommended the setup of regional rural banks?

Answer: Regional Rural Banks were set up on the basis of the recommendations of the Narasimham Committee.

Q8. Regional rural banks were established in the year:

Answer: 1975

Q9. Who is the supervisor of regional rural banks in India?

Answer: Regional Rural Banks (RRBs) operates under the supervision of NABARD (National Bank for Agriculture and Rural Development)

Q10. Regional rural banks are also known as?

Answer: Regional Rural Banks have been termed as small man’s banks.

Q11. Which was the first RRB in India?

Answer: The Prathama Grameen Bank was the first bank to be established on 02nd October 1975.

Related Topics

List of Motifs on Indian Bank notes

Role and Functions of Reserve Bank of India

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