DFS Guidelines for Regional Rural Banks IPO | A Policy Shift for RRBs?

The Department of Financial Services (DFS) has issued a game-changing directive inviting sponsor banks to recommend eligible Regional Rural Banks (RRBs) to prepare for Initial Public Offering (IPO). This policy shift sets strict financial criteria and it is in the context of government’s “One State, One RRB” advancements. What does this mean for rural banking and the identity of RRBs? Watch the full video to find out.