IT integration of Regional Rural Banks to be completed by September 30: NABARD Chairman

'NABARD is working with several banks to bring more farmers, especially those without land records, into system'

- 

NEW DELHI: NABARD Chairman Shaji KV said on Monday IT integration of recently amalgamated Regional Rural Banks (RRBs) on the principles of 'One State One RRB' is expected to be completed by September 30.

The amalgamation of RRBs on the principles of 'One State One RRB' became effective from May 1. This was aimed at improving scale efficiency and cost rationalisation.

With this, now, there are 28 RRBs in 26 states and 2 UTs with more than 22,000 branches covering 700 districts.