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what is the difference between commercial banks& regional
rural banks?
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Answer Posted / 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 |
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