An Analysis on the Performance of Regional Rural Banks: A Study on Sarva Haryana Gramin Bank in India

Regional Rural Banks are an asset for the people the rural sector of India. RRB’s were primarily set up with an intent of providing rural credit to the rural people for agricultural and other allied activities. Regional Rural Banks were set up after the Presidential Ordinance was passed on 1975, later on replaced to Regional Rural Banks Act, 1976 with an objective to ““to develop the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities, in the rural areas, credit and other facilities, particularly to small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, for matters connected therewith and incidental thereto”. Hence, first five Regional Rural Banks were set up in the year 1975. Sarva Haryana Gramin bank got established by amalgamation of Haryana Gramin Bank & Gurgaon Gramin Bank. The study is based on secondary data collected from banks annual report. Key Performance Indicators Analysis has been done taking into account number of branches, deposits, investments, Non-Performing Assets and profitability in the present study.