India's regional bank profit crosses ₹10,000 crore

The financial health of India’s regional rural banks (RRBs) has improved over the last few years with consolidated net profit having touched ₹10,177 crore, Pankaj Chaudhary, Minister of State in the Ministry of Finance has said in reply to a question asked in Parliament.

The Department of Financial Services (DFS) has had periodic meetings with RRBs and their sponsor banks to review financial performance of the RRBs, technology upgradation, and lending areas including businesses “allied” to agriculture, micro, small and medium businesses, retail, and expansion of financial inclusion in rural and remote areas.

The Department had earlier consolidated 26 RRBs across 11 states and union territories in May 2025 on the principle of ‘One State One RRB’. Around 28 RRBs continue to operate through an extensive network of 22,000-plus branches in more than 700 districts. To create a single and unified brand identity, a common logo was unveiled in December.

The RRB targets for financial inclusion schemes like Pradhan Mantri Jan-Dhan Yojana, Pradhan Mantri MUDRA Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana are set by the DFS.