17.1.13

Meeting of RRB Chairmen with Finance Minister on 17.1.2013


Today, meeting of RRB chairmen with finance minister held from 3 pm to 5 pm. The main issues discussed and decisions taken in the meeting are as under:


There will be 52 RRB as against 46 RRB proposed earlier after amalgamation is completed.
RRBs shall have minimum 200 branches. Otherwise such RRBs having less than 200 branches will be amalgamated.
RRBs should open the branches in aggressive way.  Branches opened shall not be a show piece.
 RRBs shall take the programme of Financial inclusion in all seriousness. Officer has to visit USB every day, where there is need, there must be one permanent  officer for USB.
Embargo on Recruitment with drawn.  Per employee profit of Rs 5 lakhs is just an advise  be a to RRB and it will not benchmark for recritement. RRB s can assess their requirement depending on the need /figures for retirement and on approval from sponsor Bank can go  for recruitment.
Increase  of national average of CD Ratio from 62% to 70% .
Sponsor Bank shall keep close watch on progress of RRBs sponsored by them under all parameters.
 RRBs should not feel inferior to any other banks in the industry RRBs shall focus on SME sector more aggressively in addition to Agriculture sector Recovery mechanism in RRBs should be strengthened.
Level of NPA shall be brought down.
Sponsor bank shall take the responsibility of training the RRB staff. Any training institute run by sponsor Bank must reserve 10% seat of each training programme for RRB staff. NABARD may finance training institute run by RRB in case of training institutes run by RRBs
RRBs shall focus on Consortium financing. MOU targets must be achieved.
Technological up-gradation fund from NABARD/Sponsor Bank.

5 comments:

  1. Removal of the ban on recruitment is a welcome decision. Demand of AIRRBEA is accepted by this decision. But continued encouragement of the role of sponsor bank rather than developing the infrastructure facility of RRBs is an adverse move by the union govt. By these decisions the doubt of preparing RRBs as trial zone for private capitals is on the rise. We will fight against these moves under AIRRBEA.

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  2. Any updates regarding merger of rrbs in tamilnadu

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  3. sir, it is unfortunate that everytime they set date for announcement of vacancy notification, they donot comply with that. sbi associate banks conducted the exam only after rrb exam, but they are now conducting the interviews. ibps clerical test that was conducted in the deceember month,has also declared the result and ppl are expecting the common interview by march. puduvai grama bank has also announced its vacancy notification. ibps po -ii interview is also going on simultaneously. if these 2 rrb's in TN, still delay their vacancy notifications, then everyone knows what will be the consequences. so i request the bank authorities to annnouce notifications asap, so that they can atleast recruit ppl who are passionate to work in rural areas like me.

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    Replies
    1. PALLAVAN GRAMA BANK..ONLINE REGISTRATION FOR INTERVIEW FOR THE POST OF OFFICE ASSISTANT(MP) AND OFFICER SCALE I STARTS ON 29.01.2013.

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  4. Is there any possibility to get two TN Banks( Pallavan & Panday Grameena Banks) mergerd in near by future.

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