What is the minimum regulatory capital required to be maintained by RRBs?

9 per cent
RRBs are required to maintain a minimum Capital to Risk-weighted Assets Ratio (CRAR) of 9 per cent on an ongoing basis. The capital funds for capital adequacy purpose shall consist of both Tier 1 and Tier 2 capital.

What is the share of sponsor banks in the regional rural banks 75% 25% 15% 35%?

In RRBs, 50% share shall be held by the central government, 15% by the concerned state government and 35% by the sponsor bank. The RRB amendment act 2014 has allowed the RRBs to raise their capital from sources other than the central and state governments, and sponsor banks.

What is the share capital of RRB?

Authorised capital: The Act provides for the authorised capital of each RRB to be Rs five crore.

Which is the largest RRB in India?

Baroda UP Bank
The largest RRB is Baroda UP Bank with a Rs 72,015 crore-balance sheet and is much bigger than the largest SFB — AU Small Finance Bank — which has business (deposits and advances) size of only Rs 70,588 crore as of March 2021.

Who owns the maximum share capital of RRBs?

Shareholding pattern: The Act specifies that of the capital issued by an RRB, 50 percent shall be subscribed to by the central government, 15 percent by the concerned state government and 35 percent by the Sponsor Bank.

Is CRR SLR applicable to RRB?

RRBs need not maintain CRR (Cash Reserve Ratio) & SLR (Statutory liquidity ratio) like any other banks.

Who sponsors RRB?

The RRBs were owned by the central government, state government, and the sponsoring bank with 50%, 15%, and 35% shareholding respectively.

What is the percentage of central government in the RRB?

50 percent
Shareholding pattern: The Act specifies that of the capital issued by an RRB, 50 percent shall be subscribed to by the central government, 15 percent by the concerned state government and 35 percent by the Sponsor Bank.

What is Authorised share?

Authorized shares are the maximum number of shares a company is allowed to issue to investors, as laid out in its articles of incorporation. Outstanding shares are the actual shares issued or sold to investors from the available number of authorized shares.

What is the share of sponsor bank in the RRB?

35 per cent
RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas. The ownership structure of such banks is different from other government-owned banks — 50 per cent is held by the central government, 35 per cent by sponsor banks and 15 per cent by state governments.

Who is the father of RRB?

The father of Regional Rural Bank (RRB) is M. These banks are the Indian Commercial Banks that operate at the regional level in various States of India. They were started by M. Swaminathan who is called the father of regional rural banks. There are more than 10500 branches all over the country.

Which state has no RRB bank?

The services of RRBs are not available in the states of Goa and Sikkim.