UGC HRDC

mrquee>div dir="ltr" style="text-align: left;" trbidi="on"> mrqee>I teach Economics

hi dear friends iam going to lunch

Economics Class

                                                 Welcome to Economics class

                                   Today I am going to teach RRBs

Regional Rural Banks in India are an integral part of the rural credit structure of the country. Since the very beginning, when the Regional Rural Banks in India (RRBs) were established in October 2, 1975, these banks played a pivotal role in the economic development of the rural India. The main goal of establishing regional rural banks in India was to provide credit to the rural people who are not economically vibrant, in particularly, the small and marginal farmers, artisans, agricultural labors, and even small entrepreneurs. The banking system is an integral part of any economy. It is one of the many institutions that impinges on the economy and affect its performance. As an economic institution the bank is expected to be more directly and more positively related to the performance of the economy than most non-economic institutions. Banks are considered to be the mart of the world.