Regional Rural Banks (RRBs) were started in 1975 to cater to the needs of rural economy of India. They pay particular attention to the credit requirements of small farmers, artisans and agricultural workers. They operate mainly at the district level.
RRBs have a special place in the multi-agency approach adopted to provide agricultural and rural credit in India. The capital of RRBs is contributed by the Central Government, concerned State Government and a sponsor bank in the ratio 50:15:35.
This book contains 18 papers contributed by scholars in the field of rural institutional finance. The papers examine almost every aspect of the functioning of RRBs including geographical coverage, clientele outreach, business volume and contribution to the development of the rural economy.