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Functioning of RRBs.

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..... Functioning of RRBs. - News and Press Release Dated:- 18-5-2012 - News - Press Information Bureau Government of India Ministry of Finance 18-May-2012 16:22 IST Functioning of RRBs .....

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..... The Government reviews the performance of Regional Rural Banks (RRBs) on an ongoing basis. The Committee constituted by Government under the chairmanship of Dr. K.C. Chakrabarty on Capital to Risk W .....

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..... eighted Assets Ratio (CRAR) has reviewed the performance and the financial position of Regional Rural Banks (RRBs). After assessment of financial position of RRBs the Committee in April, 2010 inter-al .....

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..... ia recommended recapitalization of 40 RRBs to improve their CRAR. In view of the recommendations of Dr. Chakrabarty Committee, an amount of Rs. 66.49 crore was released to 5 RRBs during 2010-11 and .....

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..... Rs.402.43 crore has been release to 19 RRBs during 2011-12 as the release of Central Government share is subject to the release of proportionate share by concerned State Government and sponsor bank. .....

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..... As per information reported by NABARD, the total loan issued by RRBs have increased from Rs.56,079 crore during 2009-10 to Rs.71,724.19 crore during 2010-11 registering a growth of 27.89%. This inf .....

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..... ormation was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today. * * * DSM/SS/Hb - News - Press release - PIB Tax Management .....

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..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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