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Centre's fund infusion into RRBs to hinge on viability plan execution

Financially-strong RRBs have been sent reminders to explore listing of their shares on the exchanges to raise capital

Topics
Regional Rural Banks | capital infusion

Nikunj Ohri  |  New Delhi 



regional rural banks
Any further recapitalisation will be linked to the performance of RRBs based on the monitorable parameters

(RRBs) have been told to prepare a viability plan based on broad parameters such as credit expansion, business diversification, NPA reduction and improvement in corporate governance, among others. Based on this, the Centre will infuse Rs 1,361 crore in such lenders this year.

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First Published: Mon, September 19 2022. 06:15 IST

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