(a) whether the All India Regional Employees Bank Association has submitted its demand for re-organisation of Regional Rural Bank;
(b) if so, the details thereof;
(c) the time by which the Government is likely to take a decision regarding reorganization of Regional Rural Banks; and
(d) the number of Regional Rural Banks functioning in Rajasthan alongwith the details of the Banks promoting them?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM):
(a) and (b) Employees Associations/Unions of Regional Rural Banks have been suggesting the
following for restructuring/ reorganization of Regional Rural Banks (RRBs).
(i) Recapitalisation of RRBs.
(ii) Delinking of RRBs from Sponsor Banks.
(iii) Amalgamation of RRBs at State/Zonallevel under National Rural Bank or NABARD.
(iv) Majority shareholding in RRBs by the Central Government.
(c) As a step towards the consolidation of RRBs, the Government has presently initiated
the process of amalgamation of contiguous RRBs sponsored by the same bank within a State
in consultation with the respective State Government and NABARD.
(d) 14 RRBs are functioning in the State of Rajasthan. The details of the sponsor banks
of these RRBs are as under:
Name of Sponsor Bank No.of RRBs sponsored 1 2
UCO Bank 2
State Bank of Bikaner & Jaipur 3
Punjab National Bank 2
Bank of Baroda 5
Central Bank of India 1
Bank of Rajasthan Ltd. 1
Total 14