One State, One RRB policy has come into effect in the country from May 1, 2025 , which was approved by the Central Government last year. The Finance Ministry had issued a notification regarding the integration of 15 Regional Rural Banks in 11 states.
This is the fourth phase of integration of Regional Rural Banks, after which the number of RRBs has now come down from 43 to 28. According to the notification of the Finance Ministry, Regional Rural Banks present in 11 states of the country – Andhra Pradesh, Uttar Pradesh, West Bengal, Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan have been merged into one unit.
Baroda U.P. Bank, Aryavart Bank and Prathama U.P. Gramin Bank will become UP Gramin Bank from today
These RRBs will be merged into a single unit in exercise of powers conferred under Section 23A(1) of the Regional Rural Banks Act, 1976. In this regard, Chaitanya Godavari Gramin Bank, Andhra Pragathi Gramin Bank, Saptagiri Gramin Bank and Andhra Pradesh Gramin Vikas Bank sponsored by Union Bank of India, Canara Bank, Indian Bank and State Bank of India have been merged to form Andhra Pradesh Gramin Bank. Three RRBs each in Uttar Pradesh and West Bengal are also being merged into a single unit. Baroda U.P. Bank, Aryavart Bank and Prathama U.P. Gramin Bank in Uttar Pradesh have been merged into a single unit called Uttar Pradesh Gramin Bank with its head office at Lucknow under the sponsorship of Bank of Baroda.
Bihar Gramin Bank will have its headquarter in Patna
Bangiya Gramin Vikas, West Bengal Gramin Bank and Uttarbang Regional Rural Bank operating in West Bengal have been merged to form West Bengal Gramin Bank. Apart from this, 2-2 RRBs have been merged in 8 states of the country – Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan. South Bihar Gramin Bank and North Bihar Gramin Bank have been merged to form Bihar Gramin Bank, whose headquarters will be in Patna. In Gujarat, Baroda Gujarat Gramin Bank and Saurashtra Gramin Bank have been merged to form Gujarat Gramin Bank. According to the notification, all regional rural banks will have an authorized capital of Rs 2000 crore.
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