Stake in RRBs

Q.  Among the following the correct share of Central, State and Sponsor Bank in RRBs is _____?
- Published on 13 Feb 17

a. 35%, 40%, 25%
b. 15%, 35%, 50%
c. 30%, 35%, 35%
d. 50%, 15%, 35%

ANSWER: 50%, 15%, 35%
 
Each RRB is owned by three entities and their shares are as follows -
  • Central Government – 50%
  • State Government – 15%
  • Sponsor Bank – 35%
RRBs are different from commercial banks in following aspects -
  • Ownership – 3 owners (Central Govt., State Govt., Sponsor Bank)
  • Regulation – Regulated by NABARD. Other directly by RBI.
  • Law – RRB have separate law behind them, Regional Rural Banks Act, 1976.

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