Abstract
Regional Rural Banks(RRBs) have been formed to serve rural areas with banking and other financial Services. These institutions were brought in the public domain through an ordinance passed by the then President of India in September 1975, with the intent of providing banking and credit facilities for the agriculture and other rural section of the society across the nation. They are key financing institutions at rural levels that provides agriculture credit in rural areas. RRBs have more access to rural areas and play a key role in strengthening the agriculture sector & rural development of India. The main objectives behind the formation of such type of vibrant institution in India was to established a link between the banks and rural households, especially in banking deprived areas. Moreover, to encourage rural savings, to generate employment opportunities, and to provide cheaper credit to the marginalised section in rural India.
 Presently, the RRBs are under great pressure and going towards financial distress (As revealed from studies). In this paper, an attempt has been made to study the financial performance of Selected Regional Rural banks (RRBs) of J&K by applying “CAMEL” Model approach. The finding of the study revealed that the performance of the J&K Grameen Bank(JKGB) and Ellaquai Dehati Bank(EDB) is not up to the mark.
Highlights
Regional Rural banks(RRBs) in India was established in India on Gandhi Jayanti (2 October) in the year 1975, under the provisions of an Ordinance passed on 26th September, 1975 & RRBs Act, 1976, on the recommendation of the Narsshimham committee during the tenure of Indira Gandhi's Government
To address the requirements and problems of rural households in India the Narshimham committee felt the need of regionally oriented rural banks in India, Five Regional Rural Banks(RRBs) were set up in 5 different States of India, i.e., in Rajasthan, West Bengal and Haryana with one bank each and two banks were given to Uttar Pradesh (UP) which were sponsored by different Indian commercial banks
J&K Grameen Bank(JKGB) is a Jammu and Kashmir based rural bank sponsored by J&K Bank which offers product and services such as Loans, Deposits, Current Accounts, Saving Accounts, Rupay Debit & Rupay Kissan Cards and other financial services in the rural areas of J&K
Summary
Regional Rural banks(RRBs) in India was established in India on Gandhi Jayanti (2 October) in the year 1975, under the provisions of an Ordinance passed on 26th September, 1975 & RRBs Act, 1976, on the recommendation of the Narsshimham committee during the tenure of Indira Gandhi's Government. J&K Grameen Bank(JKGB) is a Jammu and Kashmir based rural bank sponsored by J&K Bank which offers product and services such as Loans, Deposits, Current Accounts, Saving Accounts, Rupay Debit & Rupay Kissan Cards and other financial services in the rural areas of J&K. It was established on 30th June 2009 under RRBs Act, 1976 and functions in Thirteen districts of erstwhile state of Jammu and Kashmir, Union territory under Jammu and Kashmir reorganisation Act 2019
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