Answer / deepak

Regional Rural Banks were established under the provisions of an Ordinance promulgated on the 26th September 1975 and the RRB Act, 1976 with an objective to ensure sufficient institutional credit for agriculture and other rural sectors. The area of operation of RRBs is limited to the area as notified by GoI covering one or more districts in the State.

RRBs are jointly owned by GoI, the concerned State Government and Sponsor Banks (27 scheduled commercial banks and one State Cooperative Bank); the issued capital of a RRB is shared by the owners in the proportion of 50%, 15% and 35% respectively.

Prathama bank is the first Regional Rural Bank in India located in the city Moradabad in Uttar Pradesh.

Hi Friends, I was working for a bank firm for 1.3 years and i hve resigned in april 2010.The reason for leaving the job was that my cousin had promised me a job in Saudi unfortunately i did not get any job after being there now i am back in my home town looking out for a job here.My question is all companies will ask Why did u leave your previous job? Please do post your answers and help me out in getting a job since it has been already 6 months i am, without a job.

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