Andhra Pradesh Grameena Vikas Bank
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Regional Rural Bank, sponsored by SBI | |
Industry | Regional Rural Bank |
Founded | 31 March 2006 |
Headquarters | Warangal, India |
Key people
|
Chairman : Shri. V.Narasi Reddy |
Products | Loans to Agricultural, Small Business & Services, Housing, Personal, Education and Banking Services like Insurance, NEFT, RTGS, Safe Deposit Lockers |
Owner | Government of India; State Bank of India; Government of Andhra Pradesh. |
Number of employees
|
2761 |
Parent | SBI |
Slogan | We are With You |
Website | www |
File:V Narsi Reddy Garu.jpg
Chariman Shri. V Narsi Reddy Garu.
Andhra Pradesh Grameena Vikas Bank is a regional rural bank in India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on 31 March 2006, of the following 5 banks, sponsored by SBI, to participate more energetically, with synergy, in the uplift and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts.
The Bank is headquartered at Warangal, Telangana Telangana state.
Amalgamated Five Regional Rural Banks
- Sri Visakha Grameena Bank (Established on 30-09-1976)
- Nagarjuna Grameena Bank (Established on 30-04-1976)
- Sangameswara Grameena Bank (Established on 31-03-1982)
- Manjira Grameena Bank (Established on 31-03-1982)
- Kakathiya Grameena Bank (Established on 28-06-1982)
Districts Covered
IN TELANGANA STATE
- Khammam (Population: 25.65 Lakhs)
- Mahabubnagar (Population: 35.09 Lakhs)
- Medak (Population: 26.70 Lakhs
- Nalgonda (Population: 32.43 Lakhs)
- Warangal (Population: 32.46 Lakhs)
IN ANDHRA PRADESH STATE
- Visakhapatnam (Population: 38.32 Lakhs)
- Vizianagaram (Population: 22.45 Lakhs)
- Srikakulam (Population: 25.38 Lakhs)
Ownership
Government of India :50% Government of Andhra Pradesh :15% State Bank of India :35%
References
Categories:
- Use Indian English from January 2015
- All Wikipedia articles written in Indian English
- Use dmy dates from January 2015
- Pages with broken file links
- Pages using infobox company with unsupported parameters
- Banks established in 2006
- Regional rural banks of India
- Companies based in Andhra Pradesh
- Economy of Telangana