RRBs are set up as rural-oriented commercial banks with a low-cost profile of co-operatives.
State with reasons whether you agree or disagree with the following statements:
RRBs are set up as rural-oriented commercial banks with a low-cost profile of co-operatives.
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Yes, I do agree with the statement.
- RRBs cater to the needs of the rural poor.
- RRBs work with the professional decision and modern outlook of commercial banks.
- They are specialized banks established under RRB Act, 1976.
- Thus, we can say RRBs are ruraloriented commercial banks.
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