Department of Financial Services (DFS) has notified amalgamation of 26 Regional Rural banks (RRB) on the principles of ‘One State One RRB’. This is fourth phase of amalgamation of RRBs. Considering the improvement in efficiency of the RRBs due to amalgamations in the past, Ministry of Finance had rolled out an amalgamation plan in November-2024 … Continue reading RRB Reform 2025: Efficiency & Scale Drive New Mergers