Subsequently, the Regional Rural Banks Act, 1976 was enacted to set up Regional Rural Banks (RRBs) under the joint ownership of Central Government, State Government and a sponsor bank, with a view to developing the rural economy by providing credit and  BIS central bankers’ speeches  1  other facilities, particularly to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, and other productive activities in the rural areas.
External sustainability will also benefit from the continued relatively high inflow of FDI to Serbia, projected at around EUR 3.8 bn this year, 9  which is more than we previously anticipated.