41. What Is Rrb’s (regional Rural Banks)?
Main purpose of RRBs is to improve banking habit in rural areas and save formers from money lenders. RRBs works under supervision of NABARD (National Bank for Agriculture and Rural Development). NABARD head office is at MUMBAI. Example of RRB’S: Pragathi grameena bank, Rayalaseema grameena bank etc. Every grameena bank is soponsered by a nationalised bank.
