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The RBI and the government have taken a big step to make rural banking strong and efficient. It has been decided to reduce the number of 43 Regional Rural Banks (RRBs) in the country to 28. Under this scheme, 15 RRBs will be merged in 11 states. This step has been taken with the aim of improving banking services in rural areas and making banking systems more effective. In which states this change is taking place and how it will affect banking services in rural areas. For example, ‘Uttar Pradesh Gramin Bank’ will be merged in Uttar Pradesh by merging three banks. For more such information, watch the video till the end.
