Regional Rural Banks- A Perspective S. B. Singh General Manager, Bank of India & Chairman Aryavart Bank, Lucknow Regional Rural Banks (RRBs) are one of the most important instruments of rural economic growth established through parliamentary enactment known as “Regional Rural Bank Act 1976” though five RRBs were established on 2 nd October, 1975 on the pilot basis under the provisions of the ordinance passed on 26 th September 1975. RRBs are having presence in remote rural areas having 53 Banks with 21871 branches across India having deposit base of Rs 434,444 lac crores and advance o...
Work Life to Life Work Balance - Emerging Scenario (S. B. Singh, Chairman Aryavart Bank & General Manager Bank of India) One of the most debated issue of the human resource management is the work life balance due to migration of work force for employment opportunities. This migration has significantly impacted the socio economic fabric of the societies and families, where nuclear families are increasingly becoming the social norm for the proliferating middle income segment, which constitute the majority of the working population not only in India but also across the globe. The sociologists and psychologists have been raising this issue with all seriousness, which is impacting the economic, social, emotional and physical well-being of the society with increasing cases of psychosomatic disorders and depressions particularly in the bigger cities and percolating down to smaller cities and towns during the times of financial distress at individual or societal level. These psychosoma...
Engine of Economic Revival – Indian Agriculture S. B. Singh, Chairman Aryavart Bank & General Manager Bank of India Indian agriculture sector is the biggest employment provider with prevalence of disguised and under employment, which is primary source of livelihood for about 58% population with close to 16% contribution in gross domestic product of the country. This sector can play significant role in revival of Indian economic growth with minimum per capita investment thereby limiting the workforce migration to urban and industrial centers and relieving the unban agglomerations from infrastructural bottlenecks due to migrant workforce. The Indian agriculture sector needs four types of interventions to achieve accelerated growth, which are as under: I- Management of Food Wastage II- ...
Comments
Post a Comment