Samiksha Jaiswal (Editor)

Andhra Pradesh Grameena Vikas Bank

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Industry
  
Regional Rural Bank

Founded
  
31 March 2006

Motto
  
We are With You

Number of employees
  
2,761

Website
  
www.apgvbank.in

Headquarters
  
Warangal

Parent organization
  
State Bank of India

Andhra Pradesh Grameena Vikas Bank httpsassets2affairscloudcomassetsuploads20

Type
  
Regional Rural Bank, sponsored by SBI

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.

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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.

Contents

The Bank is headquartered at Warangal, Telangana Telangana state.

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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 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

    Andhra Pradesh Grameena Vikas Bank Wikipedia