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'One state-one regional rural bank' to roll out from 1 May
Mint Chennai
|April 09, 2025
Finance ministry notifies merger of RRBs in 11 states to improve efficiency, cut costs
The department of financial services has notified the merger of 26 regional rural banks (RRBs) to achieve the goal of "one state, one RRB" in the fourth phase of consolidation for such lenders.
Considering the improvement in the efficiency of RRBs after mergers in the past, the ministry of finance rolled out an amalgamation plan in November 2024 for stakeholder consultation. This phase of consolidation of RRBs across 10 states and one Union territory is also aimed at improvement in scale efficiency and cost rationalization.
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FLERE HISTORIER FRA Mint Chennai
Mint Chennai
India's industrial growth is not at odds with clean air
India is at a pivotal moment in its economic journey. As a fast-growing economy in pursuit of developed status by 2047 under the government's Viksit Bharat vision, its development strategy relies heavily on rapid industrial growth. However, this growth is often framed as inevitably coming at the cost of deteriorating air quality. What if this trade-off were not inevitable?
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Pentagon pushes to double missile production for potential China conflict
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Mint Chennai
A new front opens between Zuckerberg and Musk over robots
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5 mins
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Mint Chennai
Carlsberg to invest in food processing
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1 min
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Mint Chennai
OpenAI adds parental controls for ChatGPT after teen's death
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1 min
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Mint Chennai
Vedanta’s bond plan faces query on $600 mn loan funds
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1 mins
September 30, 2025
Mint Chennai
X to appeal against K’taka HC verdict
Social media platform X will appeal against Karnataka high court's verdict dismissing its petition challenging the authority of government officials to issue content takedown orders under the Information Technology Act.
1 min
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Mint Chennai
Enviable dilemma
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1 min
September 30, 2025
Mint Chennai
RACING AHEAD: ARE AUTO STOCKS STILL A BUY?
India's auto sector is displaying all the signs of a classic bull market. But there are risks
8 mins
September 30, 2025
Mint Chennai
Focus back on TCS woes as former Al boss quits
Tata Consultancy Services Ltd's struggle to sell AI services and products to clients is back in the spotlight, even as the legacy offshoring business grapples with uncertain demand and barriers in the US, its largest market.
1 min
September 30, 2025
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