Concessions to RRBs

abhishreshthaa

New member
Concessions to RRBs:


From the beginning, the sponsor banks have continued to provide managerial and financial assistance to RRBs and also other concessions such as lower rate of interest on the latter’s borrowing from sponsor banks.


Further, the cost of staff deputed to RRBs and training expenses of RRB staff are borne by the sponsor banks.


The Reserve Bank of India has been granting many concessions to RRBs.
 
Top