Who is known as father of Regional Rural Bank (RRB)?
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the father of RRB was M. Swaminathan...
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Answer:
The father of Regional Rural Bank (RRB) is M. Swaminathan.
Explanation:
- The Regional Rural Banks were set up for the rural areas of India for providing the people with the banking facilities and other financial services. These banks are the Indian Commercial Banks that operate at the regional level in various States of India.
- They were started by M. Swaminathan who is called the father of regional rural banks. There are more than 10500 branches all over the country.
- The main aim of these banks is to provide credit and other financial facilities to the small time farmers, labourers, artisans and entrepreneurs.
To know more about Regional Rural Banks
Advantages of regional rural bank
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