RRB Amalgamation Phase IV: 43 Banks Merged Into 28
Why in the news
The Government completed another round of Regional Rural Bank mergers aimed at stronger institutions.
Key facts
- Phase IV: 43 to 28 RRBs from 1 May 2025, using audited accounts at 30 April 2025.
- Aims: economies of scale, viability, better technology and service.
- Monitoring: SLMC and NLPMU; NABARD advised an APMU and committees.
- Impact: no branch closures; staff pay and seniority protected.
- NABARD 2021 study: more profitable RRBs, lower accumulated losses, better capital adequacy.
| Phase | Period | RRBs after |
|---|---|---|
| I | 2005-2010 | 82 (from 196) |
| II | 2012-2014 | 56 |
| III | 2019-2021 | 43 |
| IV | 2025 | 28 |
Exam angle
- Latest count: 28.
- Bodies: SLMC, NLPMU, APMU.