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FM Sitharaman chairs meeting to review performance of ten regional rural banks of southern region

The Statesman

|

November 10, 2024

Union Minister for Finance Nirmala Sitharaman on Saturday chaired a meeting to review the performance of ten Regional Rural Banks of the Southern Region, covering the five states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana and the Union Territory of Puducherry, in Bengaluru.

FM Sitharaman chairs meeting to review performance of ten regional rural banks of southern region

The meeting focused on business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry.

Given the crucial role of RRBs in supporting the rural economy, Mrs Sitharaman urged RRBs to increase credit disbursement under various Central flagship schemes such as MUDRA, PM Vishwakarma, etc., with the active support of their sponsor banks.

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