Regional Rural Banks (RRBs) were established in 1975 to provide basic banking services and financial assistance primarily to rural areas of India. RRBs offer loans and banking services to small farmers, agricultural laborers, artisans and small businesses at lower interest rates than other banks to promote rural economic development. They aim to provide affordable credit, save rural communities from moneylenders, cultivate banking habits, and increase employment opportunities in rural areas. RRBs are governed by a board of directors and managed by a chairman, general manager, and other officers. There are currently 82 RRBs operating across 619 districts in India.

2.  Regional Rural Banks (also RRBs) are local level banking
organizations operating in different States of India. They have
been created with a view to serve primarily the rural areas of
India with basic banking and financial services.
 Regional Rural Banks were established under the provisions
of an Ordinance passed on September 1975 and the RRB Act.
1976 to provide sufficient banking and credit facility for
agriculture and other rural sectors .

3.  The following is the decision making hierarchy of officials in
a Regional Rural Bank.
 Board of Directors
 Chairman & Managing Director
 General Manager
 Chief Manager/Regional Managers
 Senior Manager
 Manager
 Officer / Assist

4.  Allahabad UP Gramen Bank
 Andhra Pradesh Grameena Vikas Bank
 Andhra Pragathi Grameena Bank
 Gramin Bank of Aryavart
 Bangiya Gramen Vikash Bank
 Langpi Dehangi Rural Bank
 Odisha Gramya Bank
 Pandyan Grama Bank
 Kerala Gramin Bank

5.  RRBs grant loans and advances to small farmers and
agricultural laborers so that they can start their own farming
activities including purchase of land, seeds and manure.
 RRBs provides banking services at the doorsteps of the rural
people.
 The RRBs charges a lower rate of Interest and thus they
reduce the cost of credit in the rural areas.
 RRBs provide loan and other financial assistance to
entrepreneurs in villages, sub-urban areas and small towns
.So that they become able to enlarge their business.
 Loans to artisans to encourage them for the production of
artistic and related goods.
 Encourage the saving habit among the rural and semi-urban
population.

6.  The objectives of RRBs can be summarized as
follows:
To provide cheap and liberal credit facilities to small and marginal farmers, agri-
culture laborers, artisans, small entrepreneurs and other weaker sections.
To save the rural poor from the moneylenders.
To cultivate the banking habits among the rural people and mobilize savings for
the economic development of rural areas.
To increase employment opportunities by encouraging trade and commerce in
rural areas.
To encourage entrepreneurship in rural areas.
To cater to the needs of the backward areas which are not covered by the
other efforts of the Government?

7.  Total number of RRBs: 82
 Number of Branches: 15475
 Deposits: Rs145035 crore
 Loans Outstanding: Rs 79157 crore
 Number of Loss-making Banks: 3
 Number of profit making banks: 79
 Operating Profits: Rs 2913 crore
 Net Profit: Rs 1884 crore
 Districts Covered: 619
 Report on Trend and progress of banking in India,2009-10