Friday, December 05, 2025 | 06:07 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

FinMin to hold high-level talks on 'One State, One RRB' execution on May 6

On April 7, the Union government released a gazette notification announcing the amalgamation of several RRBs, effective from May 1, 2025

Finance Ministry, Regional Rural Banks, Banking Industry
premium

The new structure is aimed at improving the efficiency of the RRBs and minimising competition among the public sector banks that sponsor them, as part of the Union finance ministry's “One State, One RRB” policy

Harsh Kumar New Delhi

Listen to This Article

The Union finance ministry is scheduled to hold a meeting with the chairpersons of all Regional Rural Banks (RRBs) on May 6 to discuss execution strategies and the implementation roadmap for the state-wise amalgamation of RRBs, a senior government official said.
 
“A national-level review meeting of RRBs will be held under the chairmanship of M Nagaraju, secretary, Department of Financial Services (DFS), on May 6 at Vigyan Bhawan in New Delhi," the official said, requesting anonymity.
 
The official further added that the meeting will include a discussion on the performance of the RRBs in FY25.
 
On April 7, the Union