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Home News News and Press Release Month 12 2012 2012 (12) This

Profits and Losses of RRBS

1-12-2012
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Press Information Bureau

Government of India

Ministry of Finance

30-November-2012 17:56 IST

As on 31st March 2012 only three Regional Rural Banks (RRBs) have incurred losses. Number of loss making RRBs has come down from seven in 2010-11 to three in 2011-12.

Overall recovery position of RRBs has improved to 81.60 per cent as on 30 June 2011 from 80.16 per cent as on 30 June 2010.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today.

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