The Regional Rural Banks (Amendment),Bill 2014 was introduced in the Lok Sabha today. The bill seeks to amend the existing Act so as to increase the authorized capital of each Regional Rural Bank from Rs 5 crore to Rs 2000 crore divided into Rs 200 crore of fully paid share of 10 rupees each. The bill also provides that the authorized capital of any Regional Rural Banks shall not be reduced below one crore rupees and shares in all cases to be fully paid up shares of Rs 10 each. It also provides that the issued capital of each rural bank shall not be less than one crore rupees.It also has the provision for the continuance of managerial and financial assistance from Sponsor Banks beyond the first five years of functioning of Regional Rural Banks.