read kurukshetra issue(december 2013) on rural credit to have glimpse of overall picture.
Hi guys if u have really nothing to do tonight no daru no cricket
IMPACT OF MERGER ON THE PROFITABILITY PERFORMANCE OF REGIONAL RURAL BANKS (RRBs) IN BIHAR STATE OF INDIA: AN EMPIRICAL STUDY DR. MANAS CHAKRABARTI ASSOCIATE PROFESSOR DEPARTMENT OF COMMERCE UNIVERSITY OF GOUR BANGA MALDA
Hi puys and pals..
kya RRB wale NOC mange hai from current employer???plzz agar kissi ko koi bhi jankari hai to kripya hamari hamein suchit kare..
Why was PMJDY created when there is already BSBDA or no frill accounts?
"Why do you want to become BankPO or why do you want to join baking sector?"
wat is d average marks given in ibps po interview?i have got my rrb po interview on 26th nov n i think interview is gonna play an important role
what is the ending date of RRB PO interviews? and when the score card for this released??
Anyone has interview on 17th Nov Ajmer 8:30Am......
In Advertisement IBPS mention Preference will be given to
the candidates having degree in Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Cooperation, Information Technology, Management, Law, Economics and Accountancy...... Wat does it means???? Will they give xatra marks to candidate related to above field???
Pls tell me some recent developmnt/recent news in rrb
#Dobara
REGIONAL RURAL BANKs [Overview]Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector.
The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of 50%, 15% and 35%, respectively. The area of operation of the RRBs is limited to notified few districts in a State. The RRBs mobilise deposits primarily from rural/semi-urban areas and provide loans and advances mostly to small and marginal farmers, agricultural labourers , rural artisans and other segments of priority sector.
The RBI in 2001 constituted a Committee under the Chairmanship of Dr V S Vyas on "Flow of Credit to Agriculture and Related Activities from the Banking System" which examined relevance of RRBs in the rural credit system and the alternatives for making it viable. The consolidation process thus was initiated in the year 2005 as an off-shoot of Dr Vyas Committee Recommendations. First phase of amalgamation was initiated Sponsor Bank-wise within a State in 2005 and the second phase was across the Sponsor banks within a State in 2012. The process was initiated with a view to provide better customer service by having better infrastructure, computerization, experienced work force, common publicity and marketing efforts etc. The amalgamated RRBs also benefit from larger area of operation, enhanced credit exposure limits for high value and diverse banking activities. As a result of amalgamation, number of the RRBs has been reduced from 196 to 64 as on 31 March 2013. The number of branches of RRBs increased to 17856 as on 31 March 2013 covering 635 districts throughout the country.
2. Performance of RRBs during 2012-13(1 April 2012 - 31 March 2013) (Provisional)
2.1 Sources of Funds
The sources of funds of RRBs comprise of owned fund, deposits, borrowings from NABARD, Sponsor Banks and other sources including SIDBI and National Housing Bank.
2.1.1 Owned Funds
The owned funds of RRBs comprising of share capital, share capital deposits received from the shareholders and the reserves stood at 19304 crore as on 31 March 2013 as against 16462 crore as on 31 March 2012; registering a growth of 17.26%. The increase in owned funds to the tune of 2842 crore was mainly on account of accretion to reserves by the profit making RRBs. The share capital and share capital deposits together amounted to 6174 crore of total owned fund while the balance amount of 13130 crore represented reserves.
2.1.2.Recapitalisation of RRBs
(a) The Chakrabarty Committee reviewed the financial position of all RRBs in 2010 and recommended for recapitalisation of 40 out of 82 RRBs for strengthening their CRAR to the level of 9 per cent by 31 March 2012. According to the Committee, the remaining RRBs are in a position to achieve the desired level of CRAR on their own. Accepting the recommendations of the committee, the GOI along with other shareholders decided to recapitalise the RRBs by infusing funds to the extent of 2200 Crore. The shareholder wise proportion (GOI/Sponsor Banks/State Governments) is 50:35:15 respectively.
(b) As on 31 March 2013, an amount of 2015.86 crore has been released to 37 RRBs in 20 States. The released amount includes GoI's contribution of 1003.92 crore, State Govt's contribution of 303.59 crore and Sponsor bank's contribution of 708.35 crore. The recapitalisation is complete in respect of 35 RRBs (5 in Odisha , 3 in MP, 2 in Uttarakhand, 2 in Jharkhand, 2 in Chhatisgarh, 2 in Bihar, 2 in Maharashtra, 3 in West Bengal, 5 in Rajasthan and one each in Assam, Arunachal Pradesh, Nagaland, Tripura, J&K, Karnataka, Tamil Nadu, Gujarat & UT of Puducherry). GoI share 7.99 cr. is pending in respect of Manipur Rural Bank. Mizoram State Government has partially released 0.50 crore in respect of Mizoram Rural Bank and 2.80 crore is pending. Two State Govts. viz. UP(2 RRBs), & J&K (1 RRB) have not released any amount in respect of 3 RRBs operating in their states. Out of 35 fully recapitalised RRBs, 3 RRBs viz. Central Madhya Pradesh GB, Manipur Rural Bank and Mizoram GB have not achieved CRAR of 9 per cent as on 31.3.2013.
2.1.3 Deposits
Deposits of RRBs increased from 186336 crore to 211458 crore during the year registering growth rate of 13.48 %. There are Thirty three (33) RRBs having deposits of more than 3000 crore each.
2.1.4 Borrowings
Borrowings of RRBs increased from 30289 crore as on 31 March 2012 to 38268 crore as on 31 March 2013 registering an increase of 26.34% . Borrowings viz-a-viz the gross loan outstanding constituted 27.37% as against 26.02% in the previous year.
2.2 Uses of funds
2.2.1 Investments
The investment of RRBs increased from 95975 crore as on 31 March 2012 to 110683 crore as on 31 March 2013 registering an increase of 15.32%. SLR investments amounted to 49938 crore where as non-SLR investments stood at 60746 crore. The Investment Deposit Ratio (IDR) of RRBs progressively declined over the years from 72% as on 31.3.2001 to 52.34% as on 31 March 2013.
2.2.2 Loans & Advances
During the year the loans outstanding increased by 23452 crore to 139837 crore as on 31 March 2013 registering a growth rate of 20.15% over the previous year.
2.2.3 Loans Issued
Total loans issued by RRBs during the year increased to 102162 crore from 82538 crore during the previous year registering a growth of 23.78%.
2.3 Working Results
2.3.1 Profitability
63 RRBs (out of 64 RRBs) have earned profit (before tax) to the extent of 3281 crore during the year 2012-2013. The profit was higher than the previous year. After payment of Income Tax of 896 crore, the net profit aggregated to 2385 crore. One RRB viz. Nagaland Rural Bank incurred loss to the tune of 2.07 crore
2.3.2 Accumulated Losses
As on 31 March 2013, 11 of the 64 RRBs continued to have accumulated losses to the tune of 1012 crore as against 1333 crore (22 RRBs) as on 31 March 2012. The accumulated loss decreased by 321 crore during the year under review.
2.3.3 Non-performing Assets (NPA)
The Gross NPA of RRBs stood at 7907 crore as on 31.03.2013 (i.e.5.65%). The percentage of Net NPA of RRBs has shown an increase from 2.98% to 3.40% during the year. The data revealed that 10 RRBs had gross NPA percentage of less than 2%, whereas 32 RRBs had it above 5%.
2.3.4 Recovery Performance
There has been an improvement in the recovery percentage during 2011-12 from 81.60% as on 30 June 2011 to 81.32% as on 30 June 2012. The aggregate overdues, however, increased by 1802 crore to 13567 crore as on 30 June 2012.
2.1.4 Borrowings
Borrowings of RRBs increased from 30289 crore as on 31 March 2012 to 38268 crore as on 31 March 2013 registering an increase of 26.34% . Borrowings viz-a-viz the gross loan outstanding constituted 27.37% as against 26.02% in the previous year.
2.2 Uses of funds
2.2.1 Investments
The investment of RRBs increased from 95975 crore as on 31 March 2012 to 110683 crore as on 31 March 2013 registering an increase of 15.32%. SLR investments amounted to 49938 crore where as non-SLR investments stood at 60746 crore. The Investment Deposit Ratio (IDR) of RRBs progressively declined over the years from 72% as on 31.3.2001 to 52.34% as on 31 March 2013.
2.2.2 Loans & Advances
During the year the loans outstanding increased by 23452 crore to 139837 crore as on 31 March 2013 registering a growth rate of 20.15% over the previous year.
2.2.3 Loans Issued
Total loans issued by RRBs during the year increased to 102162 crore from 82538 crore during the previous year registering a growth of 23.78%.
2.3 Working Results
2.3.1 Profitability
63 RRBs (out of 64 RRBs) have earned profit (before tax) to the extent of 3281 crore during the year 2012-2013. The profit was higher than the previous year. After payment of Income Tax of 896 crore, the net profit aggregated to 2385 crore. One RRB viz. Nagaland Rural Bank incurred loss to the tune of 2.07 crore
2.3.2 Accumulated Losses
As on 31 March 2013, 11 of the 64 RRBs continued to have accumulated losses to the tune of 1012 crore as against 1333 crore (22 RRBs) as on 31 March 2012. The accumulated loss decreased by 321 crore during the year under review.
2.3.3 Non-performing Assets (NPA)
The Gross NPA of RRBs stood at 7907 crore as on 31.03.2013 (i.e.5.65%). The percentage of Net NPA of RRBs has shown an increase from 2.98% to 3.40% during the year. The data revealed that 10 RRBs had gross NPA percentage of less than 2%, whereas 32 RRBs had it above 5%.
2.3.4 Recovery Performance
There has been an improvement in the recovery percentage during 2011-12 from 81.60% as on 30 June 2011 to 81.32% as on 30 June 2012. The aggregate overdues, however, increased by 1802 crore to 13567 crore as on 30 June 2012.
2.3.5 Credit Deposit Ratio
The aggregate CDR of RRBs increased over the years from 41.83% as on 31 March 2002 to 66.13% as on 31 March 2013. Nine of the RRBs reported CDR of more than 100%.
2.3.6 Productivity of Branch and Staff
The branch productivity increased to 19.67 crore in 2012-13 from 17.90 crore in 2011-12 with a growth of 9.89%. Similarly, staff productivity in 2012-13 increased to 4.62 crore from 4.07 crore in 2011-12 with a growth of 13.51%.
2.4 Initiatives during the year
a. Recruitment of Officers and Office Assistants in RRBs
Government of India, Ministry of Finance, Department of Financial Services vide their letter No. F No. 3/8/2010 - RRB dated 23 Feb 2012 instructed that from the year 2012-13 onwards, a Common Written Examination (CWE) to be conducted by Institute of Banking Personnel Selection (IBPS) for recruitment of officers and staff in RRBs. NABARD was entrusted with the responsibility of coordination and Supervision of the selection process beside finalisation of the methodology for the conduct of the C W E. Methodology for conduct of C WE was finalised by NABARD in consultation with the IBPS, select sponsor banks and select RRBs by NABARD and approved by Government of India, Ministry of Finance. The guideline was issued to all the concerned on 9 May 2012. General Notice on behalf of GoI through advertisement in newspapers was released by NABARD on 14 May 2012. The guidelines on CWE has been uploaded on web sites of NABARD and IBPS. First CWE for recruitment of Officers and Office Assistants in RRBs was conducted by IBPS during the month of Sept 2012.
b. Committee on Human Resource Policy for RRBs post CBS
In terms of the GoI order F.No. 7/7/2012-RRB dated 2 Aug 2012, a Committee was constituted under the Chairmanship of an ED, NABARD to revisit the existing Human Resource Policy for assessment of manpower / staffing pattern for Regional Rural Banks post CBS and other technological upgradation with the following terms of reference
(i) Laying down norms for categorisation of RRBs and their branches based on the business volume etc.
(ii)Assessment of technological upgradation in RRBs and
a)re-assessment of required manpower and staffing pattern of Head Office,Controlling Office, Branches etc.
b)skill development needs of employees of RRBs
The Committee has submitted its report to GoI on 23 Nov 2012 covering the terms of reference as indicated in GoI order dated 2 Aug 2012.
Subsequently, GoI vide its letter No. F. No.7/7/2012-RRB dated 13 Dec 2012 has conveyed its decision to extend the tenure of the Committee till 30.06.2013 and amended the terms of reference of the Committee to include the following:-
(a)Preparation of roadmap for implementation of recommendations.
(b)Monitoring the implementation of the recommendations.
The Committee finalised the RRB wise time-frame of implementation of technology adoption by all RRBs as per the amended terms of reference. Further, the Part B of the Report of the Committee has been forwarded to GoI for their consideration and approval of the complete Report.
c. Pension to RRBs on the lines of Nationalised banks in lieu of Contributory Provident Fund.
A Working Group under the chairmanship of Chief General Manager, Law Dept. of NABARD was constituted by NABARD for preparation of draft model pension scheme and model pension regulations for RRBs on the lines of Nationalised Banks in lieu of Contributory Provident Fund as advised by GoI. Working Group submitted the draft Model Pension Scheme and Pension Regulation for RRBs and has been forwarded to GoI on 21.11.2012 for consideration.
d. Committee for fixing Inter-Se seniority of RRBs - Post amalgamation :
As advised by GoI, a Committee was constituted under the Chairmanship of Dr. R.M.Kummur CGM, NABARD, IDD with members of 11 new Sponsor banks of amalgamated RRBs to fix the norms for Inter-Se seniority of RRBs in post amalgamation scenario. First meeting of the Committee was convened at NABARD H.O. on 23.01.2013 to discuss views of the sponsor banks on the issue taking into account the prevailing position in the constituent RRBs and also the promotion process in newly formed RRBs. It was decided in the meeting to constitute a Sub - Committee consisting of State Bank of India, Bank of India, Central Bank of India and State Bank of Mysore, for framing rules / guidelines for fixing Inter-Se seniority of amalgamated RRBs keeping in view the legal issues involved therein. Sub-Committee submitted its report during the month of March 2013 (Draft guidelines finalised by the Committee has been forwarded to GoI for approval).
e. Financial Inclusion
As envisaged by the Government of India, RRBs as a group have become a strong intermediary for financial inclusion in rural areas by opening a large number of "No frills" accounts and by financing under General Credit Card (GCC), as per RBI guidelines. As on 31 March 2013 there were 319.59 lakh No Frills accounts.
The number of branches of RRBs increased to 17856 as on 31 March 2013 from 16909 as on 31 March 2012.
can anyone explain
SUIT FILING way of recovering NPA.?
is noc certificate necessary to attend Rrb interview? I fear that i will not b able to get it b4 18th. Is there any alternative document to be submitted?
Yaha kon-2 h jinke pass degree nahi h? Or koi solution btao :[
Why you want to join in RRBs with technical degree?
objective:interview
- 80:20
- NOTA
- 70:30
- 75:25
0 voters
What is the minimum and maximum limit for investment? in SOVEREIGN GOLD BONDS ..?
is the same crr,slr,repo,reverse repo rate applicable to scheduled commercial and regional rural bank or are rrb's allowed a lower rate?