Sunday, November 1, 2020

Govt provides Rs 670-crore support to Regional Rural Banks to meet regulatory capital

Of the 43 RRBs, about one-third especially from north-eastern and eastern regions are in losses and they needed fund to meet regulatory capital requirement of 9 per cent, sources said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-provides-rs-670-crore-support-to-regional-rural-banks-to-meet-regulatory-capital/articleshow/78979148.cms

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