Journey of Regional Rural Banks in Financial Inclusion

Key Points

• The aim is to evaluate the sustainability and profitability of Regional Rural Banks (RRBs) in promoting financial inclusion.
• Analyzed the impact of financial inclusion on economic development in the context of RRBs.
• Reviewed the introduction of government initiatives like Prime Minister Jan Dhan Yojana and their effects on RRBs.
• Discussed recommendations for improving deposits and profitability of RRBs.
• RRBs significantly contribute to financial inclusion but face challenges in attracting deposits.
• The introduction of the Prime Minister Jan Dhan Yojana led to increased financial inclusion through RRBs.
• Sustainability of RRBs remains a concern, necessitating strategic recommendations for enhancing profitability.

Abstract