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Cabinet to infuse Rs 632 crore in regional rural banks
Fp Staff •To lead growth of banking in rural areas, the cabinet will consider pumping in Rs 632 crore in regional rural banks. RRBs, are jointly owned by Government of India, the state government concerned and the sponsor banks.
Rural banks to get Rs 632 crore fund infusion
Fp Archives •The cabinet approved a Rs 632 crore fund infusion into rural banks of India to improve their lending to the farming sector and capitalise them.