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Andhra Pradesh Grameena Vikas Bank
Bank in India From Wikipedia, the free encyclopedia
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Andhra Pradesh Grameena Vikas Bank is an Indian Regional Rural Bank headquartered in Warangal, 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 upliftment and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. It is under the ownership of Ministry of Finance, Government of India.
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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 ANDHRA PRADESH STATE
- Alluri Sitharama Raju
- Anakapalle
- Eluru
- Parvathipuram Manyam
- Srikakulam
- Visakhapatnam
- Vizianagaram
Ownership
Government of India :50% Government of Andhra Pradesh :15% State Bank of India :35%
Andhra Pradesh Grameena Vikas Bank has its branches in Andhra Pradesh.
See also
References
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