what is the difference between commercial banks& regional
rural banks?
Answers were Sorted based on User's Feedback
Answer / dinesh
All the RRB'S reported to NABARD and all policy for RRB's
made by NABARD BUT commercial banks reported to RBI and it
makes all policy to commercial banks.
| Is This Answer Correct ? | 159 Yes | 20 No |
Answer / pankaj pandey ,mba soe dav
commercial banks works on sound business principal.thay
basically works for the profit motivs and they can work all
over india at any where but regional rural banks are
established for the purpose of development on specific area
they are established by the government to provide rural
finance to agicultural ,agri related activities and other
small and micro level for the development of rural areas
and rural economy.thay works on a specified given area.
regional rural banks are came into existance because of the
failure of commercial banks to provide rural finance.
| Is This Answer Correct ? | 123 Yes | 13 No |
Answer / rajkumar gupta
IN NATIONALISE BANK MORE THAN 50% SHARE WILL BE CENTRAL GOVERNMENT AND IN RURAL BANKS 50% CENTRAL GOVERNMENT, 15% STATE GOVERNMENT & 35% SPONSORED BANK
| Is This Answer Correct ? | 37 Yes | 4 No |
Answer / saurabh srivastava
commercial banks are bounded to open 25% of branch in rural
areas and rrb's are bounded to open 75% of total branch in
rural area
| Is This Answer Correct ? | 34 Yes | 9 No |
Answer / anirudh
STAKEHOLDERS OF RRB IS GVT OF INDIA AND STATE GVT WHEREAS
FOR COMMERCIAL BANK PUBLIC AND CENTRAL GVT,ETC..
FOCUS OF RRB IS ACCEPTING DEPOSITS AND GRANTING LOANS
WHEREAS FOR COMMERCIAL BANKS NOT ONLY BORROWING AND LENDING
BUT ALSO LIKE MERCHANT BANKING,INSURANCE,STOCK BROKING,ETC..
RRB PRESENT IN RURAL AND SEMI-URBAN AREAS WHEREAS COMMERCIAL
BANK IN ALL OVER THE COUNTRY..
| Is This Answer Correct ? | 15 Yes | 1 No |
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