RRB | Regional Rural Bank | History Of Gramin Bank In India | Capital Share in RRBs | List Of RRB in India
As You Know IBPS Declare Result Of RRB Officers & Office Assistant So For Interview You Want To Know About RRB in India .
So Read This Useful Information Carefully :-
The Government of India set up Regional Rural Banks (RRBs) on October 2, 1975.
Initially, five RRBs were set up on October 2, 1975 which were sponsored by Syndicate Bank, State Bank of India, Punjab National Bank, United Commercial Bank and United Bank of India. Capital share being 50% by the central government, 15% by the state government and 35% by the scheduled bank.
Earlier Reserve Bank of India had laid down ceilings on the rate of interest to be charged by these RRBs. However from August 1996 the RRBs have been granted freedom to fix rates of interest, which is usually in the range of 14-18% for advances.
Now RRBs Take CWE (Combined Written Examination) for recruitment in any of 82 RRBs as declared by Government of India, ministry of Finance, Department of Financial Services .The IBPS Conduct the examination and issue a valid scorecard to all the qualifying candidates . IBPS & Concerned RRBs Exam held on 2 and 9 sep 2012.