Gramin Banks disbursed Rs 3366 crore loans in Gujarat in current Year

New Delhi

The Regional Rural Banks (RRBs) have disbursed total Rs1.15 lakh crore in the country, of which Rs3365.9 crore has been disbursed in Gujarat and Rs617.55 crore in Jharkhand as on December 31, 2015. Mr. Jayant Sinha, minister of state for finance informed Rajya Sabha on March 1, 2016 in reply to a question from Mr. Parimal Nathwani.

The minister stated that there are three RRBs in Gujarat: Dena Gujarat Gramin Bank, Baroda Gujarat Gramin Bank and Saurashtra Gramin Bank. The three banks disbursed total Rs3365.9 crore in the current financial year till December 31, 2015 and Rs3333.32 crore in FY 2014-15.

The minister stated that there are 56 RRBs functioning in the country, of which are in Gujarat and two in Jharkhand. The 56 functioning RRBs have disbursed total Rs1.15 lakh crore till December 31, 2015, he said. The minister also added that in FY2014-15, the RRBs disbursed total Rs1.39 lakh crore to the villagers in the country.
Mr. Nathwani wanted to know about number of Regional Rural Banks functioning in the country along with the details about the review of their performance and loan disbursed by them in last three years.

The working of the RRBs is reviewed by the Government of India on a regular basis including half yearly and yearly reviews. During 2015-16, working of RRBs was reviewed in National Review Meet of RRBs, held on 11th July, 2015 and 21st January, 2016.

– DeshGujarat