One State-On RRB policy is being implemented from today, 15 regional rural banks became merger
1 May, 2025 From the Forest State, One RRB policy has been implemented in the country, which was approved by the previous central government. The Finance Ministry had issued a notification related to the integration of 15 regional rural banks in 11 states. This is the fourth phase of integration of regional rural banks, after which the number of RRBs has now come down from 43 to 28. According to the notification of the Finance Ministry, regional rural banks in 11 states of the country- Andhra Pradesh, Uttar Pradesh, West Bengal, Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan have been merged with a unit.
Baroda U.P. Bank, Aryavarta Bank and Prathama U.P. Grameen banks will become UP Gramin Bank from today
These RRBs will merge into a single unit according to the powers provided under Section 23A (1) of the Regional Rural Bank Act, 1976. In this connection, Chaitanya Godavari Grameen Bank, Andhra Pragati Gramin Bank, Saptagiri Gramin Bank and Andhra Pradesh Rural Development Bank have been merged as Andhra Pradesh Gramin Bank. 3-3 RRBs present in Uttar Pradesh and West Bengal are also being merged in a single unit. Baroda U.P. present in Uttar Pradesh Bank, Aryavarta Bank and Prathama U.P. Grameen Bank has been merged into a unit called Uttar Pradesh Gramin Bank, which will be headquartered in Lucknow under the sponsorship of Bank of Baroda.
Bihar Gramin Bank will be headquartered in Patna
Bangi Rural Development in West Bengal, West Bang Rural Bank and Northbang Regional Rural Bank have been merged with West Bengal Gramin Bank. Apart from this, 2-2 RRBs have been mixed into one in 8 states of the country-Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan. South Bihar Gramin Bank and North Bihar Gramin Bank have been made Bihar Gramin Bank, headquartered in Patna. Gujarat Gramin Bank in Gujarat and Saurashtra Gramin Bank have been made Gujarat Gramin Bank. According to the notification, all regional rural banks will have an authorized capital of Rs 2000 crore.
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