The government has amalgamated three Regional Rural Banks – Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank – into a single RRB.
The sponsor banks of the RRBs are National Bank for Agriculture and Rural Development (NABARD), the Government of Punjab and Punjab National Bank, State Bank of India and Punjab and Sind Bank.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For IBPS Clerk Mains Exam:
- Father Of RRB is M.Swaminathan.