Question

Regional Rural Banks were established to ensure adequate credit for agriculture and other rural sectors. RRBs were created under the Regional Rural Banks Act of _____________.

Q: Answer-Regional Rural Banks were established to ensure adequate credit for agriculture and other rural sect...

The Regional Rural Banks RRBs were established in 1975 under the provisions of the Ordinance promulgated on 26th September 1975 and Regional Rural Banks Act, 1976. RRBs are financial institutions which ensure adequate credit for agriculture and other rural sectors.