All about Pradhan Mantri yojana and other government schemes in India.

2018-08-10

Recapitalisation Scheme for RRBs : Unstarred Question in Loksabha

Recapitalisation Scheme for RRBs

(a) whether the Government has approved the extension of scheme of recapitalisation of Regional Rural Banks (RRBs) for next three years recently and if so, the details thereof;
(b) whether this will enable RRBs to maintain minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9 per cent and if so, the details thereof;
(c) whether this will facilitate financial stability of RRBs and enable them to play greater role in financial inclusion and meeting credit requirements of rural areas; and
(d) if so, the details thereof?

GOVERNMENT OF INDIA
MINISTRY OF FINANCE

LOK SABHA

UNSTARRED QUESTION NO: 4130                                 ANSWERED ON: 10.08.2018

Recapitalisation Scheme for RRBs

C. MAHENDRAN

Will the Minister of FINANCE be pleased to state:-

(a) whether the Government has approved the extension of scheme of recapitalisation of Regional Rural Banks (RRBs) for next three years recently and if so, the details thereof;
(b) whether this will enable RRBs to maintain minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9 per cent and if so, the details thereof;
(c) whether this will facilitate financial stability of RRBs and enable them to play greater role in financial inclusion and meeting credit requirements of rural areas; and
(d) if so, the details thereof?

ANSWER

Minister of State in the Ministry of Finance

(a) to (d) The scheme for recapitalisation of Regional Rural Banks (RRBs) started in financial year 2010-11 and wassubsequently extended upto 31.03.2017. Recently the Government has approved extension of the scheme of recapitalisation of RRBs for further period of three years upto 2019-20. Under the scheme, recapitalization support is provided to RRBs to maintain minimum prescribed CRAR level of 9%. 
A strong capital structure and minimum required level of CRAR will ensure financial stability of RRBs which will enable them to play a greater role in financial inclusion and meeting the credit requirements of rural areas.
Recapitalisation will enable RRBs to provide credit and other facilities especially to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs in rural areas for development of agriculture and other productive activities.
__________

Source: Loksabha

PDF/WORD (Hindi)                                                          PDF/WORD (English)

Share:

0 comments:

Post a Comment

We are not the official website and are not linked to any Government or Ministry. All the posts published here are for information purpose only. Please do not treat as official website and please don't disclose any personal information here.

Copyright © 2015 Prime Minister's Schemes प्रधानमंत्री योजना. All rights reserved.

Categories

Subscribe via e-mail

Enter your email address:


Subscribe for Latest Schemes of Government via e-mail Daily
Free ! Free ! Free!

Delivered by FeedBurner

Copyright © Prime Minister's Schemes प्रधानमंत्री योजना | Powered by Blogger Design by ronangelo | Blogger Theme by NewBloggerThemes.com