Regional Rural Banks (RRBs) are government-owned banks that operate regionally in India to promote financial inclusion. RRBs are regulated by NABARD and have the central government, state government, and sponsor banks (public sector banks like SBI) as shareholders. They provide banking services in rural areas, offer loans to rural livelihoods and small businesses at lower interest rates, encourage savings, and implement various government schemes. Financial inclusion aims to provide all individuals access to banking and financial services without discrimination through initiatives like expanding access points, financial literacy programs, and tailored financial products. RRBs and the increased digitization of financial transactions through technologies like UPI and USSD help advance India's financial inclusion objectives.