• AglaSem
  • Schools
  • Admission
  • Career
  • News
  • Hindi
  • Mock Test
  • Docs
  • ATSE
aglasem
No Result
View All Result
aglasem
  • Home
  • Entrance Exams
  • Competitive Exams
  • School Boards
  • University & Colleges
No Result
View All Result
aglasem
No Result
View All Result

Home » Competitive Exams » IBPS RRB 2021: What is Gramin Bank? Comparison Between Working in SBI and RRBs

IBPS RRB 2021: What is Gramin Bank? Comparison Between Working in SBI and RRBs

Regional Rural Banks are owned and operated by the Ministry of Finance to provide banking services in rural & backward regions of India.

by Juel
June 22, 2021
in Competitive Exams
Reading Time: 2 mins read
IBPS RRB 2021

The Institute of Banking Personnel Selection (IBPS) recently released the latest notification for recruitment of Group A & Group B Office Assistants (Multipurpose) in Regional Rural Banks (RRBs). The recruitment selection exams are reportedly scheduled to be held in August, September and October in two phases i.e., the Prelims and the Mains. Qualifiers of the recruitment selection tests will be appointed throughout a total of 43 listed participating RRBs with the IBPS.

One of the most outstanding characteristics of RRBs or Gramin Banks in India is that they are purpose built to provide basic banking and financial services in the rural regions. Regional Rural Banks or Gramin Banks are commercial banks owned by the Government of India operating at the Regional Level throughout various state of India.

Regional Rural Banks operate under the governance of the Ministry of Finance, Government of India. As per reports, since April 01, 2020, there are 43 listed Regional Rural Banks in India and they operate in an area limited by the Government although they may cover one or more districts in an Indian state. Some listed RRBs in India include among others the Maharashtra Gramin Bank, Aryavart Bank, Dakshin Bihar Gramin Bank, Jharkhand Rajya Gramin Bank, Mizoram Rural Bank, Paschim Banga Gramin Bank etc.

There are subtle differences between how Regional Rural Banks and Public Sector Banks in India operates. Recruitment to these RRBs and other PSBs in India is generally conducted at two levels i.e. Probationary Officer and Clerk. While both are extremely competitive in their own capacity, there is a significant sense of security and dignity associated with a management level position in a publicly owned and operated banking institution in India whether it be a Regional Rural Bank or any other Public Sector Bank.

One of the most prominent differences between the working of a Regional Rural Bank and a Public Sector Bank (e.g. State Bank of India) is that the RRBs are intent built to provide banking and financial services to the rural sectors of India. Although RRBs may have branches in urban areas, their purpose is to support the development of rural and backward regions of the country by providing banking and financial services.

Compared to the above, PSBs are mostly operated as per a profit oriented business policy in all areas including the urban and rural regions of India. Although they may not specifically focus only on the rural regions, branches of major PSBs can be found everywhere in India they have significant value oriented services to offer.

Save the aforementioned purpose, an exhibited preference of candidates selecting PSBs to work in instead of RRBs is the value of the company reputation associated with PSBs like the State Bank of India. At the Junior Management level, the starting basic pay in PSBs is around Rs 27000 per month. On the other hand, an office assistant at one of the RRBs is entitled to Rs 15000 to Rs 19000 monthly salary during the initial training period.

Tags: IBPSIBPS RecruitmentIBPS RRBibps.in
Previous Post

NCHMCT JEE 2021 Registration Deadline Extended; 5 Things You Should Know About This Hotel Management Entrance Exam

Next Post

Important Bank Recruitment 2021 Exams That You Can Apply For/Appear In This Year

Related Posts

Rajasthan PTET Answer Key
Competitive Exams

SSC GD Constable Answer Key 2023 Released : Check Cut Off Marks & Answer Key

February 18, 2023
UPRVUNL AE 2022
Competitive Exams

UPRVUNL Admit Card 2022 for AE To Be Released on 3 July at uprvunl.org; Exam Dates are 16, 17 July

July 2, 2022
SSC Result
Competitive Exams

SSC Phase 9 Result 2022, Cut Off Out – What Next?

July 2, 2022
RSMSSB VDO Mains Admit Card 2022
Competitive Exams

RSMSSB VDO Mains Admit Card 2022 releasing today at rsmssb.rajasthan.gov.in – Where To Get Link & Check Exam Date

July 1, 2022
RRB Group D Exam Date 2022 Announced
Competitive Exams

RRB Group D Exam Date 2022 Announced – CBT from 17 August, Admit Card To Be Released on 13 August

July 1, 2022
IDBI bank 2022
Competitive Exams

IDBI Executive Admit Card 2022 released at idbibank.in – How to Download?

July 1, 2022
Next Post
CTET 2021 Notification Out

Important Bank Recruitment 2021 Exams That You Can Apply For/Appear In This Year

Top Three

NDA 2018: NDA 1 Admit Card 2018 Released; Exam On 22 April

April 6, 2018
RankIQ SSC CGL Score Calculator

RankIQ SSC CGL Score Calculator, Rank Predictor Launched – Check How to Use To Get Marks and Rank

February 12, 2022
Passing Marks

Passing Marks Out Of 70, 80, 100 in CBSE Class 10, 12 2020 Revealed; Take Note

November 11, 2019

Helpful Resources

  • Class Notes
  • NCERT Solutions
  • NCERT Books
  • HC Verma Solutions
  • Courses After Class 12th
  • Previous Year Question Papers
  • More Study Material

Free Mock Tests

  • Agricultural Exams
  • Architecture Exams
  • Education Exams
  • Engineering Exams
  • Law Exams
  • MBA Exams
  • Medical Exams
  • Pharmacy Exams
  • Science Exams
  • More Mock Tests

AglaSem Apps

  • Mock Test App
  • NCERT Videos
  • NCERT Solutions App

Free Tools

  • College Predictor
  • Rank Predictor
  • All India Cut Offs
  • Disclaimer
  • Terms of Use
  • Privacy Policy
  • Contact

© 2020 aglasem.com

  • Home
  • Entrance Exams
  • Competitive Exams
  • School Boards
  • University & Colleges

© 2020 aglasem.com