August 26, 2026 3:16 PM

SIDBI holds RRB conclave to expand co-lending for MSMEs in rural and semi-urban areas

The Small Industries Development Bank of India (SIDBI) organised a conclave of the heads of Regional Rural Banks (RRBs) in New Delhi on Tuesday to discuss expanding the SIDBI-RRB MSME Co-Lending arrangement and strengthening credit access for micro, small and medium enterprises in rural and semi-urban areas. The conclave was chaired by Sanjay Lohiya, Secretary, Department of Financial Services (DFS), and was attended by Manoj Mittal, CMD, SIDBI, senior officials from DFS, SIDBI and NABARD, and ...

August 18, 2026 7:27 PM

Regional Rural Banks’ gross loans rise 10.3% to Rs 5.78 lakh crore in FY26, priority sector lending remains strong

Regional Rural Banks (RRBs) recorded strong growth in credit delivery during 2025-26, with their gross loans outstanding rising 10.3 per cent to ₹5.78 lakh crore, up from ₹5.24 lakh crore in the previous financial year, according to data released by the Ministry of Finance on Tuesday. The performance highlights the continued role of RRBs in expanding institutional credit in rural areas, supporting agriculture, micro-enterprises and other underserved sections of the economy. RRBs also maint...

April 8, 2025 4:47 PM

‘One State, One RRB’: Govt notifies amalgamation of 26 regional rural banks

The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday notified the amalgamation of 26 Regional Rural Banks (RRBs) as part of the fourth phase of RRB consolidation. The move follows the principle of "One State, One RRB" and aims to improve operational efficiency and cost rationalization. The decision, based on an official statement issued by the Ministry, comes after the government initiated a stakeholder consultation process in November 2024. The amalgamation cover...