Finance minister Sitharaman asks RRBs to focus on flagship schemes

Finance minister Nirmala Sitharaman said that Regional Rural Banks (RRBs) should continue their focus on the flagship schemes of the Central Government such as PMJJBY, PMSBY, PM SVANidhi, Atal Pension Yojana, PM Jan Dhan Yojana, PM Mudra Yojana, KCC, KCC Animal Husbandry & Fisheries, and aim for their saturation.

Chairing a review meeting with chairpersons and senior officials of Regional Rural Banks from Southern Region in Chennai, Sitharaman said that RRBs and Sponsor Banks should improve their Current and Savings Account (CASA) Ratio.

Sitharaman also highlighted the CD Ratio, Gross NPAs, and Provision Coverage Ratio (PCR) of RRBs.