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Recent Current Affairs related to Ministry of Finance

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14 May 2026 BANKING

The Department of Financial Services (DFS) has approved the “Viability Plan 2.0” to institutionalize performance monitoring and strengthen governance reforms for Regional Rural Banks (RRBs). The plan is extended for a 3-year duration from FY26 to FY28, following the completion of the FY22–FY25 phase.

The framework of the plan includes 30 performance parameters categorized under 4 pillars: operational excellence, asset quality, profitability, and growth. The initiative aims to enhance financial stability and improve operational efficiency across all 28 RRBs.

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