Question

regional rural banks comes under Which category

Answer 1

Regional Rural Banks comes under scheduled commercial banks.

The Indian banks are categorized in 3 categories:

1. Central bank
2. Scheduled banks
3. Non-scheduled banks

The main aim of regional rural banks is to provide services in the form of lending money to the needy farmers.

Initially it was difficult for the commercial banks to lend to farmers as they were still under the control of the government so regional rural banks were introduced to work in rural perspectives.