Answer / Namrata

Regional Rural Banks (RRBs) operate under the guidelines set by the Reserve Bank of India (RBI), the Ministry of Finance, and the Government of India. The main objective of RRBs is to provide banking facilities in rural areas. RRBs are governed by the Regional Rural Banks Act, 1976, and their rules and regulations cover aspects such as governance, branch expansion, interest rates, loan policies, deposit insurance, and more.

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