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Economy

Recapitalisation scheme for Regional Rural Banks extended

Updated : July 04, 2018 06:00 PM IST

On provisional basis, as on March 31, 2017, the total credit given by RRBs is Rs 228,599 crore. 
The scheme was started in financial year 2010-11 and has been extended twice in the year 2012-13 and 2015-16.
As per the statement, the identification of RRBs which require recapitalisation will be decided in consultation with the National Bank For Agriculture And Rural Development.
Recapitalisation scheme for Regional Rural Banks extended

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