One State One RRB To Be Implemented Soon thebankingnews.com

The Finance Ministry is ready to implement “One State-One RRB” in which 15 Regional Rural Banks (RRBs) operating in various states will be merged. The government is planning to merge 43 RRBs into 28 to improve efficiency and reduce costs of the banks. Preparation is almost done and the fourth phase of
consolidation will start soon.