List of Regional Rural Banks (RRBs) in India : State wise list, Headquarters, Sponsor Bank & Year of Establishment

Regional Rural Banks (RRBs) are Indian Scheduled Commercial Banks (Government Banks) operating at regional level in different States of India established on 2 October 1975. There are 43 regional rural banks in India as of 1 January 2022. They have been created with a view of serving primarily the rural areas of India with basic banking and financial services.

• Regional Rural Banks were established under the provisions of an Ordinance passed on 26 September 1975 and the RRB Act 1976 to provide sufficient banking and credit facility for agriculture and other rural sectors.
• As a result Five Regional Rural Banks were set up on 2 October 1975, Gandhi Jayanti.
• These were set up on the recommendations of the narshimham committee Working Group during the tenure of Indira Gandhi’s Government with a view to include rural areas into economic mainstream since that time about 70% of the Indian Population was of Rural Orientation.
• The development process of RRBs started on 2 October 1975,Gandhi Jayanti with the forming of the first RRB, the Prathama Bank, Head Office at Moradabad (U.P.) with authorised capital of Rs.5 crore at its starting. Prathama bank was sponsored by syndicate bank.
• As on 2 October,1975 Out of the remaining four RRBs in the country one was Set up at Malda in West Bengal under the name of Gour Gramin Bank,which was the first RRB in the Eastern Region of India.
• The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank (Any commercial bank can sponsor the regional rural banks) who held shares in the ratios as follows – Central Government – 50%, State Government – 15% and Sponsor Banks – 35%.

List of Regional Rural Banks (RRBs) in India : State wise list, Headquarters, Sponsor Bank & Year of Establishment

Check List of Government & Private Banks here →