RRB policy

One State, One RRB' Policy to Take Effect from May 1: 15 Regional Rural Banks to Merge

One State, One RRB’ Policy to Take Effect from May 1: 15 Regional Rural Banks to Merge

Anthony Lane

The "One State, One RRB" policy, effective from May 1, 2025, will consolidate 15 RRBs into 28 entities across 11 states, aiming to streamline operations, reduce costs, and boost rural banking services. This major reform is set to strengthen India's rural economy by improving access to financial services.