<ul><li>Starting next month, the government will implement the 'one state-one RRB' plan by merging 15 regional rural banks across 11 states to improve efficiency and reduce costs.</li><li>With this fourth round of consolidation, the total number of RRBs will drop from 43 to 28.</li><li>Each merged RRB will have an authorized capital of Rs 2,000 crore, supported by prior government capital infusions.</li><li>The RRBs, established under the RRB Act of 1976, aim to provide credit and support to small farmers, agricultural workers, and artisans in rural areas.</li></ul>

One State, One RRB: Streamlining Regional Rural Banks For Enhanced Efficiency, Growth

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