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What is Restructuring Regional Rural Banks in India about?

The document discusses proposed amendments to strengthen regional rural banks (RRBs) in India. Key points include: 1) A committee recommended continuing and expanding the operations of RRBs to cover more rural areas. Structural changes were also suggested, such as creating a single National Rural Bank of India. 2) The document proposes amendments to how capital is subscribed for RRBs, with the central government contributing 50% instead of 35%. 3) It also proposes establishing one RRB per state to bett

Author

Piyush Chaturvedi

Language

EN