In India, Regional Rural Banks are commercial banks that operate in rural areas across the country. IBPS is in charge of administering the exam for Officers and Office Assistants in different RRBs. The Institute of Banking Personnel Selection is one of the largest banking sector organizations in the world, and it is the body that administers the IBPS RRB exam throughout the country.
Regional Rural Banks
The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on September 26, 1975, and the Regional Rural Banks Act, 1976, with the purpose of improving the rural economy by providing credit and other facilities, especially to small businesses, for the development of agriculture, trade, commerce, industry, and other productive activities in rural areas.
RRB History
At least 25 RRBs in various parts of India were created within a year of the Act’s implementation. First RRB,the Prathama Bank,Head Office at Moradabad (U.P.), sponsored by Syndicate Bank. One was Set up at Malda in West Bengal under the name of Gaur Gramin Bank,(Sponsored Bank:UCO Bank) which was the first RRB in the Eastern Region of India. Other three RRBs are Gorakhpur Kshetriya Gramin Bank, Gorakhpur, U.P. (Sponsored Bank:SBI), Haryana Kshetriya Gramin Bank Bhiwani, Haryana (Sponsored Bank:PNB), Jaipur-Nagpur Anchalik Gramin Bank Jaipur, Rajasthan (Sponsored Bank:UCO Bank).
The Regional Rural Banks were founded with the aim of developing banking institutions that could also serve as commercial enterprises in rural areas.
The Objectives of Regional Rural Banks
In light of the Act’s preamble, RRBs’ objectives and activities can be summarised as follows:
- Bridging credit gaps in rural regions
- To devise steps that would prevent rural deposits from flowing into urban areas
- Reduce regional imbalances and increase rural job creation
RRBs offer financial assistance to various segments of the rural population engaged in rural activities in order to achieve these goals.
Area of Functioning of Regional Rural Banks
Regional Rural Banks are expected to operate within a specific geographic area for which they have been founded. Typically, each RRB’s functional area is limited to a few districts within the state in which it is established. The central government, in consultation with NABARD and the Sponsor Banks, determines the region in which RRBs will operate through a notification. Since RRBs are also allowed to open branches or appoint agencies within their designated areas, it is appropriate for them to locate their Head Office in the central location of their notified area of operation.
Sponsorship of Regional Rural Banks
A Public Sector Bank sponsors each Regional Rural Bank. In the case of a Regional Rural Bank, a sponsor bank is a financial institution that supports the RRB. It is the responsibility of a sponsor bank to aid and support the RRB that it sponsors.
List of Regional Rural Banks in India
The primary goal of establishing RRBs in India was to provide relief to people living in rural areas by providing the required banking information and services.
We bring to you a list of Regional Rural Banks in India and Public sector banks sponsoring them with a total of 56 RRBs in India. Following is the list of Regional Rural Banks in India, organized by state, along with their sponsor banks and head offices:
| List of Regional Rural Banks in India | |||
| State | Name of RRB | Sponsor Bank | Head Office |
| Andhra Pradesh | Andhra Pragathi Grameena Bank | Syndicate Bank | Kadapa |
| Chaitanya Godavari Grameena Bank | Andhra Bank | Guntur | |
| Andhra Pradesh Grameena Vikas Bank | State Bank of India | Kadapa | |
| Saptagiri Grameena Bank | Indian Bank | Chittor | |
| Arunachal Pradesh | Arunachal Pradesh Rural Bank | State Bank of India | Naharlagun |
| Assam | Assam Gramin Vikash Bank | United Bank of India | Guwahati |
| Langpi Dehangi Rural Bank | State Bank of India | Diphu | |
| Bihar | Uttar Bihar Gramin Bank | Central Bank of India | Muzaffarpur |
| Bihar Gramin Bank | UCO Bank | Patna | |
| Madhya Bihar Gramin Bank | Punjab National Bank | Patna | |
| Chhattisgarh | Chhattisgarh Rajya Gramin Bank | State Bank of India | Raipur |
| Gujarat | Baroda Gujarat Gramin Bank | Bank of Baroda | Bharuch |
| Dena Gujarat Gramin Bank | Dena Bank | Gandhinagar | |
| Saurashtra Gramin Bank | State Bank of India | Rajkot | |
| Haryana | Sarva Haryana Gramin Bank | Punjab National Bank | Rohtak |
| Himachal Pradesh | Himachal Pradesh Gramin Bank | Punjab National Bank | Mandi |
| Jammu and Kashmir | Ellaquai Dehati Bank | State Bank of India | Srinagar |
| J&K Grameen Bank | J&K Bank Ltd. | Jammu | |
| Jharkhand | Vananchal Gramin Bank | State Bank of India | Ranchi |
| Jharkhand Gramin Bank | Bank of India | Ranchi | |
| Karnataka | Pragathi Krishna Gramin Bank | Canara Bank | Ballari |
| Kaveri Gramin Bank | State Bank of India | Mysuru | |
| Karnataka Vikas Grameena Bank | Syndicate Bank | Dharwad | |
| Kerala | Kerala Gramin Bank | Canara Bank | Mallapuram |
| Madhya Pradesh | Narmada Jhabua Gramin Bank | Bank of India | Indore |
| Central Madhya Pradesh Gramin Bank | Central Bank of India | Indore | |
| Madhyanchal Gramin Bank | State Bank of India | Sagar | |
| Maharashtra | Vidarbha Konkan Gramin Bank | Bank of India | Nagpur |
| Maharashtra Gramin Bank | Bank of Maharashtra | Aurangabad | |
| Manipur | Manipur Rural Bank | United Bank of India | Imphal |
| Meghalaya | Meghalaya Rural Bank | State Bank of India | Shillong |
| Mizoram | Mizoram Rural Bank | State Bank of India | Aizawl |
| Nagaland | Nagaland Rural Bank | State Bank of India | Kohima |
| Odisha | Odisha Gramya Bank | Indian Overseas Bank | Bhubaneshwar |
| Utkal Grameen Bank | State Bank of India | Bolangir | |
| Puducherry | Puduvai Bharathiar Grama Bank | Indian Bank | Puducherry |
| Punjab | Punjab Gramin Bank | Punjab National Bank | Kapurthala |
| Malwa Gramin Bank | State Bank of India | Sangrur | |
| Sutlej Gramin Bank | Bhatinda | ||
| Rajasthan | Baroda Rajasthan Kshetriya Gramin Bank | Bank of Baroda | Ajmer |
| Rajasthan Marudhara Gramin Bank | State Bank of India | Jodhpur | |
| Tamil Nadu | Pallavan Grama Bank | Indian Bank | Salem |
| Pandyan Grama Bank | Indian Overseas Bank | Virudhunagar | |
| Telangana | Telangana Grameena Bank | State Bank of India | Hyderabad |
| Tripura | Tripura Gramin Bank | United Bank of India | Agartala |
| Uttar Pradesh | Gramin Bank of Aryavart | Bank of India | Lucknow |
| Allahabad UP Gramin Bank | Allahabad Bank | Banda | |
| Baroda Uttar Pradesh Gramin Bank | Bank of Baroda | Raebareli | |
| Kashi Gomti Samyut Gramin Bank | Union Bank of India | Varanasi | |
| Sarva UP Gramin Bank | Punjab National Bank | Meerut | |
| Prathama UP Gramin Bank | Syndicate Bank | Moradabad | |
| Purvanchal Bank | State Bank of India | Gorakhpur | |
| Uttarakhand | Uttarakhand Gramin Bank | State Bank of India | Dehradun |
| West Bengal | Bangiya Gramin Vikash Bank | United Bank of India | Murshidabad |
| Paschim Banga Gramin Bank | UCO Bank | Howrah | |
| Uttarbanga Kshetriya Gramin Bank | Central Bank of India | Coochbehar | |
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