Regional Rural Bank (RRB)

-RRB was established by Indira Gandhi on 2nd October 1975

-Central Government contribution in RRB - 50%

-State Government contribution in RRB - 15%

-Sponsor Banks contribution in RRB - 35%

-In 2005 there were 196 RRBs

-In 2014 it reduced to only 56

-K.C. Chakraborty Committe - To improve the capital of RRBs.

-RRBs are also using Core banking Solution Technology.