Andhra Pradesh Grameena Vikas Bank
 | |
| Company type | Regional Rural Bank |
|---|---|
| Industry | Banking and Finance |
| Founded | 31 March 2006 |
| Headquarters | , |
Number of locations | 772 |
Key people | Chairman : Shri. K Prathapa Reddy |
| Products | Loans to Agricultural, Small Business & Services, Housing, Personal, Education and Banking Services like Mobile Banking, Internet Banking, Insurance, NEFT, RTGS, IMPS, Safe Deposit Lockers, ATM services. Deposit products with attractive interest rates. |
| Owner | Government of India (50%) State Bank of India (35%) Government of Andhra Pradesh (15%). |
Number of employees | 3239 |
| Parent | Ministry of Finance, Government of India |
| Website | www |
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.
Amalgamated Five Regional Rural Banks
[edit]- 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
[edit]IN TELANGANA STATE
- Bhadradri Kothagudem
- Bhongir
- Bhupalapalli(Jaishanker)
- Gadwal Jogulamaba
- Jangaon
- Khammam
- Mahabubabad
- Mahabubnagar
- Medak
- Nagarkurnool
- Nalgonda
- Rangareddy
- Sangareddy
- Siddipet
- Suryapet
- Vikarabad
- Wanaparthy
- Warangal Rural
- Warangal Urban
- Yadadri Bhuvanagiri
IN ANDHRA PRADESH STATE
- Alluri Sitharama Raju
- Anakapalle
- Parvathipuram Manyam
- Srikakulam
- Visakhapatnam
- Vizianagaram
Ownership
[edit]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 and Telangana
See also
[edit]
- Banking in India
- List of banks in India
- Reserve Bank of India
- Regional Rural Bank
- Indian Financial System Code
- List of largest banks
- List of companies of India
- Make in India
