Press release of Bank Employees Federation of India (BEFI)
The Ministry of Finance has asked three Regional Rural Banks (RRBs) – Kerala Gramin Bank, Tamil Nadu Gramin Bank and Haryana Gramin Bank to submit their plans for sale of their shares by the end of March 2026. Sale of shares of a public sector enterprise is the first step towards its privatisation and must be opposed. The RRBs were created 50 years back to provide credit to small and marginal farmers, agricultural labourers, self-help groups, artisans and rural micro-entrepreneurs.
Upload.Press Statement on IPO in RRB