Region Wise Working of the Regional Rural Banks (RRBs) in India

Abstract

RRBs in India were created in 1975 with the prime motive of serving the village economy. In general other commercial banks are not interested to expand banking services in the remote areas, therefore a distinct type of institutional arrangement was thought of to figure within the region or state, thereby to mobilize village community deposits and to provide credit within the region and to bring development in rural based economy of the country. To bring growth and development in the country RRBs have been working in the various regions namely Northern Region, Southern Region, Central Region, Western Region, Eastern Region and the North- Eastern Region with different nomenclature. In order to identify the region wise positions of RRBs in recent past there is a need to have a region wise level study on the overall operating RRBS of the country. Seeing the required perspective a study has been carried out to diagnose the region wise positions of RRBs in recent past. The various areas taken in the study are the region wise branch net-work of RRBs, number of loss making and profit making RRBs, loans and advances outstanding, non-performing assets, net-profit and the recovery rate under various regions. To examine the fact statistical tool like ANOVA is used and the needed statistical charts are shown in all the vital areas.

Keywords: Region Wise Network, Profit Making & Loss Making RRBs, Per Office Loans & Advances, Per Office NPA, Per office Net Profit, Recovery Scenario

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