One State, One RRB: Streamlining Regional Rural Banks For Enhanced Efficiency, Growth

MoF Announced ‘One State, One RRB’ Implementation from May 01, 2025

In April 2025, the Department of Financial Services (DFS), Ministry of Finance (MoF) announced ‘One State-One RRB’ through official notification for amalgamation of 26 Regional Rural Banks (RRBs) across 11 States which include 10 states and 1 Union Territory (UT), effective from May 01, 2025. Among states that will see consolidation of RRBs include Andhra Pradesh(AP), […] The post MoF Announced ‘One State, One RRB’ Implementation from May 01, 20…

Bank Merger: Big news! Finance Ministry approves merger of 15 RRB banks to be effective from May 1, know details - Business League

Bank Merger: From May 1, only one Regional Rural Bank (RRB) will be present in every state of the country. To implement this proposal, the Finance Ministry has issued a notification regarding the integration of 15 Regional Rural Banks in 11 states. This will be the fourth phase of integration of Regional Rural Banks, after which the number of RRBs will be reduced from the current 43 to 28. One state one RRB: From May 1, only one Regional Rural B…

Major Banking Revolution: 26 Regional Rural Banks Amalgamated in One State One RRB

Major Banking Revolution: 26 Regional Rural Banks Amalgamated in One State One RRB The Department of Financial Services (DFS) has announced the amalgamation of 26 Regional Rural Banks (RRBs) on the principles of “One State One RRB”. This is the fourth phase of RRBs amalgamation. Watching how Regional Rural Banks (RRBs) became more efficient in […]

One State, One RRB: Streamlining Regional Rural Banks For Enhanced Efficiency, Growth

Starting next month, the government will implement the "one state-one RRB" plan by merging 15 regional rural banks across 11 states to improve efficiency and reduce costs.With this fourth round of consolidation, the total number of RRBs will drop from 43 to 28.Under the plan, Andhra Pradesh, Uttar Pradesh, West Bengal, Bihar, Gujarat, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan, will have one merged RRB. This pr…

Amalgamation of 26 Regional Rural Banks soon

New Delhi, April 8: The Finance Ministry  has notified the amalgamation of 26 Regional Rural Banks (RRBs) on Tuesday.The Department of Financial Services is all set to work it out on the principles of 'One State One RRB', said a statement released by the ministry today.The amalgamation strategy was initiated in November 2024 for consultation with stakeholders. After consultation with stakeholders, the amalgamation of 26 RRBs in 10 states and one…

Centre announces amalgamation of 26 Regional Rural Banks

New Delhi: The Finance Ministry's Department of Financial Services has notified the amalgamation of 26 Regional Rural Banks (RRBs) on the principles of 'One State One RRB' as part of the fourth phase of the continuing exercise to improve efficiency, according to an official statement issued on Tuesday.  The Ministry of Finance had rolled out an amalgamation plan in November 2024 for consultation with stakeholders. After consultation with stakeho…