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Regional Rural Banks

Dec 06, 2016 at 11:20 | Source: CNBC-TV18
Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.
Dec 06, 2016 at 11:19 | Source: CNBC-TV18
Nucleus Software launched the world's first offline digital cash solutions - PaySe - this year and MD & CEO Vishnu R Dusad says this system will connect rural areas for e-payments.
Dec 05, 2016 at 19:45 | Source: Moneycontrol.com
Essar Power Ltd has approached ICICI Bank-led consortium for a strategic restructuring of Rs. 6,564-crore debt of the 1,200 MW Mahan power project set up by a subsidiary.
Dec 03, 2016 at 10:34 | Source: Reuters
The rally in regional U.S. bank stocks that followed last month's election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further.
Dec 02, 2016 at 15:32 | Source: PTI
To ensure adequate allocation of banknotes is made for rural branches, post offices and DCCBs, banks are advised to involve the district co-ordinators (Lead District Managers) functioning under State Level Bankers' Committee (SLBC) in facilitating/planning distribution of currency from currency chests, RBI said in a notification.
Dec 02, 2016 at 14:48 | Source: Reuters
ECB President Mario Draghi said on Wednesday the bank will look at a combination of policy tools when it meets on December 8 and that ultra-easy monetary policy has given governments in the region time for reforms. Those efforts need to be stepped up, he said.
Dec 01, 2016 at 14:00 | Source: Moneycontrol.com
The demonetisation drive may have turned out to be a jackpot for banks by way of cheap deposits, but non-banking finance companies have a different story to tell. NBFCs. The impact has been more severely felt in rural areas, with many clients unable to honour their loan repayment schedule.
Dec 01, 2016 at 10:58 | Source: CNBC-TV18
RBL Bank did face minor challenges in some rural pockets due to lack of currency post demonetisation says Head of Strategy Rajeev Ahuja. However, he is quick to add that the impact of demonetisation has not been as severe as it had been anticipated to be.
Dec 01, 2016 at 08:54 | Source: PTI
Named as SIMsePAY, the technology is based on wafer-thin sticker attached to any SIM card of a telecom provider that sources information from a co-branded prepaid wallet linked to it.
Dec 01, 2016 at 07:53 | Source: CNBC-TV18
Shahina Mukadam of Equityrush is of the view that one may buy State Bank of India (SBI) with a target of Rs 268.
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the district cooperative banks and regional rural banks, which provide loans to several farmers` cooperatives, get a sufficient amount of cash.

10.02 PM Nov 22nd

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The Reserve Bank today asked banks to ensure adequate cash supply to cooperative banks and Regional Rural Banks (RRBs) so that farmers can have enough valid notes needed for purchase of seeds, fertiliser and other inputs during the ongoing rabi season.

8.46 PM Nov 22nd

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Source:The Hindu BusinessLine - New Delhi, Jan 20: As part of consolidation in the Regional Rural Banks (RRBs) segment, 25 such entities have been merged into 10 during the first nine months of the current fiscal.“Restructuring of RRBs by amalgamating geographically contiguous RRBs sponsored

3.20 PM Jan 21st 2013

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Bank of India  

Source:The Hindu BusinessLine - The Small Industries Development Bank of India (SIDBI) has entered into agreements with eight regional rural banks (RRBs) and urban co-operative banks in West Bengal. SIDBI has already signed memorandums of understanding with the RRBs and co-operative banks

7.32 PM Dec 20th 2012

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Punjab & Sind  

in the implementation of CBS including Central Bank of India in the implementation of CBS project in 7 of its Regional Rural Banks across North India which cost approximately Rs. 200 crore ($36 million). Punjab & Sind Bank is one of the last banks in the public sector to implement CBS.

1.05 PM Dec 17th 2012

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Source:The Hindu BusinessLine - The 82 regional rural banks (RRBs) in the country need to achieve a 10 per cent growth in branch expansion in 2012-13. This, in spite of RRBs failing to achieve their branch expansion targets in the last two financial years. The RBI’s ‘Report on Trend and Progress

1.34 PM Nov 15th 2012

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Bank of India  

Source:VC Circle - IOB to merge UCO & Bank of India RRBs Bank IOB's RRB: Indian Overseas Bank (IOB) to merge two of regional rural banks (RRBs) belonging to Bank of India and UCO Banks with IOB's Neelanchal Grammaia Bank.Bank's Chairman and Managing Director M

11.10 AM Oct 29th 2012

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IOB  

Source:Business Standard - Indian Overseas Bank (IOB) will merge two regional rural banks (RRBs) belonging to Bank of India and UCO Bank with IOB s Neelanchal Gramya Bank. After the amalgamation the bank will float a new entity called Odisha Gramya Bank. This will come into effect from November 30

1.34 PM Oct 27th 2012

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Bank of India  

Source:Business Standard - Indian Overseas Bank (IOB) will merge two regional rural banks (RRBs) belonging to Bank of India and UCO Bank with IOB s Neelanchal Gramya Bank. After the amalgamation the bank will float a new entity called Odisha Gramya Bank. This will come into effect from November 30

1.34 PM Oct 27th 2012

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IOB  

Source:Business Standard - Indian Overseas Bank (IOB) to merge two of regional rural banks (RRBs) belonging to Bank of India and UCO Banks with IOB`s Neelanchal Grammaia Bank. After the amalgamation the Bank will float a new entity called Odhisa Grammia Bank.

11.54 AM Oct 27th 2012

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