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Regional rural banks (RRBs) are government owned scheduled commercial banks of India that operate at the regional level in different states of India.These banks are under the ownership of the Ministry of Finance, Government of India, Sponsored Bank and concerned State Government in the ratio of 50:35:15 respectively.
The RRB also employs actuaries to predict the future income and outlays of the railroad retirement system, statisticians and economists to provide vital data, and attorneys to interpret legislation and represent the RRB in litigation. The President also appoints an Inspector General for the RRB, with the advice and consent of the Senate.
S.No. Name Head Office Sponsor Bank Area of Operations Ref. 1 Aryavart Bank: A-2/46, Vijay Khand, Gomti Nagar, Lucknow-226010 Bank of India: Presence of Aryavart Bank:
Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved.
Maharashtra Gramin Bank [1] is an Indian Regional Rural Bank (RRB) or Gramin bank, in the State of Maharashtra with its head office is in Aurangabad. It is one of the 43 Gramin banks in India supported by the government that aim to bring banking services to rural areas. It is under the ownership of Ministry of Finance, Government of India.
From hero to zero. Ten years ago, Russell Wilson was the talk of the NFL. He had led the Seahawks to a dominant victory at Super Bowl 48, the franchise’s first ever title, in just his second ...
Each application lasts 4–5 hours and can be sprayed in the car.View Deal. 3. Combat dog travel sickness head-on. Dr MacMillan recommends speaking to your vet if your dog suffers from travel ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.