Economics · Banking Structure in India
Which institutional bank category was explicitly established to expand institutional credit in rural areas by opening branches in villages?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Foreign banks
- 2Regional Rural Banks (RRBs)✓
- 3Investment banks
- 4Cooperative housing banks
Correct answer
Regional Rural Banks (RRBs)
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