<ul><li>The finance ministry is set to implement the 'One State-One RRB' plan, merging 15 regional rural banks into one.</li><li>The consolidation will reduce the total number of regional rural banks from 43 to 28.</li><li>Key states such as Andhra Pradesh, Uttar Pradesh, and West Bengal will undergo the consolidation.</li><li>This move aims to achieve operational efficiency, cost rationalization, and growth capital infusion in the regional rural banking sector.</li></ul>

Finance Ministry To Merge 15 Regional Rural Banks Under ‘One State-One RRB’ Plan

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