Thursday, August 20, 2026

Rrbs: FM tells RRBs to focus on digitally active customers

[ad_1]

CHENNAI: FM Nirmala Sitharaman on Friday exhorted Regional Rural Banks (RRBs) to focus on increasing digitally active customers to supplement the government’s effort for greater digitalisation of the economy.

Sitharaman was here to review the financial performance of RRBs in the southern region. During the meeting, Financial services secretary Vivek Joshi gave a presentation on various financial metrics of the RRBs.
While chairing the review meeting, the finance minister asked RRBs to continue their focus on the flagship schemes of the central government like Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, PM SVANidhi, Atal Pension Yojana, PM Jan Dhan Yojana, PM Mudra Yojana, Kisan Credit Cards (KCC) , and others and aim for their saturation.

While highlighting that the credit-deposit ratio, gross NPAs and provision coverage ratio (PCR) of RRBs of the Southern region were better than the national average, she asked the RRBs and Sponsor Banks to improve the current and savings account (CASA) ratio. agencies



[ad_2]

Source link

spot_img
spot_img

Continue reading

Securus Monitoring Highlights How Technology-Enabled Supervision Helps People Return Home Safely...

Securus Monitoring Highlights How Technology-Enabled Supervision Helps People Return Home Safely and Build Stability For people under community supervision, every night spent safely at home can help build the foundation for successful reentry....

Blenders Eyewear Taps Jordan Howlett as Chief Content Officer

Blenders Eyewear Taps Jordan Howlett as Chief Content Officer Blenders Eyewear, a leading eyewear brand, today announced the appointment of Jordan Howlett as its Chief Content Officer, reflecting the brand's continued focus on strengthening consumer...

The Chocolate Spectrum Celebrates 10 Years of Sweet Inclusion

The Chocolate Spectrum Celebrates 10 Years of Sweet Inclusion The Chocolate Spectrum celebrates its 10‑year anniversary with a community event on June 26 featuring free cake, free chocolate, and the announcement of new...
spot_img