answersLogoWhite

0


Best Answer

The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the powers and function of rural bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Functions of exchange bank?

most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.


What are the functions of a rural bank?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


Context of a rural bank?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


What are the advantages of rural banks?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


What is NABARD bank?

National Bank for Agriculture and Rural Development

Related questions

What are the objective and function of rural banking?

The rural bank's vital objectives is providing credits and others. Its functions is develop the all sectors.


Functions of exchange bank?

most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.


What is the function of NABARD in India?

NABARD stands for the National Bank for Agriculture and Rural Development. The function of this establishment is to mandate the flow and promotion of agriculture in India.


Reaction on bsb shutdown 10 rural bank?

what is your conclusion about rural bank


When was Regional Rural Bank created?

Regional Rural Bank was created in 1975.


When was Rural Bank of Marayo created?

Rural Bank of Marayo was created in 1969.


What is the function of a rural bank?

The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.


What are the functions of a rural bank?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


Context of a rural bank?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


What are the details of a rural bank?

A Rural Bank is actually just a normal bank but one that caters to the needs of the rural public in India's villages. Majority of the population in rural India do not have banking facilities and still don't have a bank account. These rural banks provide banking services to the rural citizens and help them save money effectively.


What are the types of Rural banking?

type of rural bank


What is theTelephone numberof Zhejiang Shaoxing Rural Coop Bank?

intermediary bank for zhejiang shaoxing county rural cooperative bank