Government to strengthen Regional Rural Banks; Rs 6200 crore allotted for recapitalisation
The performance of RRBs has improved significantly, with a consolidated CRAR (Capital to Risk-weighted Assets Ratio) at an all-time high of 13.83 per cent as of December 31, 2023.
There are 43 RRBs sponsored by 12 scheduled commercial banks in India. Image: Pexels