C. Rangarajan flags fewer regional rural banks as ‘a step in the wrong direction’; urges RBI to incentivise SFBs
Former RBI Governor says consolidation risks eroding RRBs’ local character; says 11 small finance banks will not meet the sector’s unmet credit needs
· 9/7/2026, 10:13:29 AM· 2 min read
Former RBI Governor says consolidation risks eroding RRBs’ local character; says 11 small finance banks will not meet the sector’s unmet credit needs
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