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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.

Some disadvantages of rural banking are:

  1. Profits are much lesser
  2. Revenues are much lesser
  3. Number of customers are lesser
  4. The types of services provided are much lesser

All these are with respect to banking services provided by banks in cities.

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