A Private Bank Sponsor Public Sector Regional Rural Bank in J&K: Employees Raise Concerns

Under the Government of India's 'One State, One RRB' policy, Ellaquai Dehati Bank and Jammu & Kashmir Grameen Bank are being amalgamated. Sponsor bank of the amalgamated entity is J&K Bank. This move marks a notable shift, as J&K Bank becomes the only private sector sponsor among Regional Rural Banks (RRBs) in India. In this video, we explore the concerns raised by employees and unions about private sector involvement. The highlighted issues are governance, rural outreach and regulatory compliance, along with differing viewpoints within the banking community. Watch the video and subscribe the channel to understand the complete picture behind this important development.