..............Consolidation of RRBs has been going on in a phased manner since 2005. The number of RRBs came down to 133 in 2006 from 196 at the end of March 2005. It further came down to 105 and subsequently to 82 at the end of March 2012. As on March 2012, of the total RRBs, 79 were profit- making while the remaining three had registered losses. In order to boost the capital base of RRBs, the government on the recommendation of a panel headed by RBI Deputy Governor K C Chakrabarty decided to recapitalise 40 selected RRBs in 21 states............
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