At present there are 43 RRBs in the country, and the government is keen to have one large regional rural bank for each state. "There is a scope for further consolidation and raising capital through the markets," a government official aware of the deliberations said on condition of anonymity.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/regional-rural-banks-revamp-in-the-works/articleshow/91821021.cms
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