Agartala, October 22: The Department of Financial Services under the Union Ministry of Finance has unveiled the “Utkarsh – RRB Reforms Agenda FY27”, marking a significant step towards strengthening Regional Rural Banks (RRBs) and building a more efficient, inclusive and technology-driven rural banking ecosystem.
Sanjay Lohiya, Secretary of the Department of Financial Services, Ministry of Finance, Government of India, unveiled the reform agenda, which outlines a forward-looking roadmap to enhance the performance and reach of RRBs in line with the vision of Viksit Bharat.
Satyendra Singh, Chairman of Tripura Gramin Bank, attended the programme along with other eminent dignitaries and senior banking officials, reflecting the collective commitment of the banking sector towards the transformation of Regional Rural Banks across the country.
The Utkarsh agenda emphasises expanding access to financial services, encouraging innovation, improving operational efficiency and ensuring sustainable growth. The proposed reforms aim to strengthen the role of RRBs in promoting financial inclusion and supporting economic development in rural areas.
Regional Rural Banks play a crucial role in providing banking services to rural households, farmers, small entrepreneurs and other underserved sections of society. Strengthening their institutional capacity and operational efficiency is considered essential to improving access to formal financial services and supporting grassroots economic activities.
The reform agenda seeks to position RRBs as more empowered and future-ready institutions capable of responding to the evolving financial needs of rural India.
The initiative represents a broader effort to build a stronger and more inclusive financial ecosystem, enabling Regional Rural Banks to contribute more effectively to rural prosperity and the national goal of achieving Viksit Bharat.