Question : PROFIT LOSSES OF RRBS

(a) the details of the profits/losses of each of the Regional Rural Banks (RRBs) during each of the last three years and the current year;

(b) whether most of the RRBs are running in losses;

(c) if so, the details thereof and the reasons therefor;

(d) whether the Government has received requests from various State Governments for setting up new RRBs;

(e) if so, the details thereof alongwith the action taken thereon, State-wise;

(f) whether the farmers and other sectors are not getting the benefits of the institutional lendings due to discrepancies in RRBs; and

(g) if so, the details thereof alongwith the corrective steps taken/being taken by the Government in this regard?

The Minister of State in the Ministry of Finance(Shri Namo Narain Meena)

(a), (b) & (c): RRB-wise details of profit/losses for the year 2008-09, 2009-10 and 2010-11 are given in the Annexure. During 2010-11, out of 82 RRBs only 7 RRBs incurred losses.

(d) and (e):- No such request from State Governments is pending for decision.

(f) & (g): The farmers and other sectors are getting the benefits of institutional lending through RRBs. The total number of accounts of farmers and other sector have increased from 1.70 crore in 2008-09 to 1.98 crore in 2010-11 registering a growth of 16.47%.