Among the following the correct share of Central, State and Sponsor Bank in RRBs is _____?

a. 35%, 40%, 25%

b. 15%, 35%, 50%

c. 30%, 35%, 35%

d. 50%, 15%, 35%

ANSWER: 50%, 15%, 35%

Explanation:

Each RRB is owned by three entities and their shares are as follows -

Central Government – 50%

State Government – 15%

Sponsor Bank – 35%

RRBs are different from commercial banks in following aspects -

Ownership – 3 owners (Central Govt., State Govt., Sponsor Bank)

Regulation – Regulated by NABARD. Other directly by RBI.

Law – RRB have separate law behind them, Regional Rural Banks Act, 1976.