2. REGIONAL RURAL BANKS.
2
▪ Regional Rural Banks (RRBs) also
known as Gramin banks, are Indian
scheduled banks (Government
banks) operating at regional level in
different States of India.
3. 3
-Regulated by Rural Planning and Credit
Development Government
-Supervised by NABARD
5. RRB’S IN INDIA.
5
Allahabad UP
Gramin
Bank (AB)
AP Gramin
Vikas Bank
(SBI)
Assam
Gramin
Vikash Bank
(UBI)
Utkal Gramin Bank
(SBI)
Bangiya
Gramin
Vikash
Bank(UBI)
Ellaquai
Dehati
Bank(SBI)
Vananchal
Gramin
Bank(SBI) (PNB) (CANARA)
6. FUNCTIONS OF RRB:
▪ RRB’s grant loans and advances to Rural livelihoods.
▪ RRB’s provides banking services particular areas.
▪ Charges lower interest and reduce cost of credit.
▪ Provide loan and other financial assistance to entrepreneurs in villages,
sub-urban areas and small towns .
▪ Encourage the saving habit.
6
7. FINANCIAL INCLUSION:
7
Financial inclusion is
described as the method of
offering banking and financial
solutions and services to
every individual in the society
without any form of
discrimination.
10. OBJECTIVES:
▪ Secure – financial services & products
▪ Establish proper Financial institutions
▪ Build and Maintain Financial Sustainability.
▪ Increase awareness about the benefits of Financial services.
▪ Improve financial literacy.
▪ Provide tailor-made & custom-made Financial solutions.
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11. FINTECH:
11
DIGITISATION OF
MONETARY
TRANSACTIONS
FINTECH
DIGITAL PAYMENT
SYSTEM
Financial technology
(fintech) refers to the
utilisation of advanced
technology in the
financial industry or the
financial sector.
Make payments for
products and services
in their residential
regions with the help
of electronic payment
wallet systems.
Intends to carry out crores
of digital financial
transactions for the present
and upcoming years with
the help of (UPI), (USSD),
(IMPS), (NEFT), Aadhaar
Pay, debit cards, BHIM, and
credit cards.