Regional rural banks incur net loss of Rs 2,206 crore in FY20, Nabard data reveals

As on March 31, 2020, there were 45 RRBs functioning in 685 districts of 26 states and three Union Territories (UTs). These RRBs were sponsored by 15 commercial banks and operating through a network of 21,850 branches. The data on RRBs, recently published by Nabard, is based on the data uploaded by the RRBs in the Ensure portal.

from Banking/Finance-Industry-Economic Times https://ift.tt/3ncAKGC