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Prathama UP Gramin Bank

From Wikipedia, the free encyclopedia
(Redirected from Sarva UP Gramin Bank)

Prathama U.P. Gramin Bank
Native name
प्रथमा यू.पी. ग्रामीण बैंक
Company typeRegional Rural Bank
FoundedApril 1, 2019; 5 years ago (2019-04-01) by amalgamation of Prathama Bank and Sarva U.P. Gramin Bank
HeadquartersMoradabad, Uttar Pradesh
Key people
Sanjeev Bhardwaj (Chairman)
Services
Owner
Number of employees
4000+ (2024)
ParentMinistry of Finance, Government of India
Websiteprathamaupbank.com

Prathama UP Gramin Bank was created on 1 April 2019 by the amalgamation of two regional rural banks in Uttar Pradesh:[1]

  • Prathama Bank
  • Sarva UP Gramin Bank

The creation of Prathama UP Gramin Bank took place under Sub-Section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976).[2]

The bank has 950 branches around 19 districts of Uttar Pradesh; it will also have one branch in Haridwar District of Uttarakhand.[3] The bank is sponsored by the Punjab National Bank.

Sarva UP Gramin Bank

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Previously PUPGB was Sarva UP Gramin Bank (SUPGB). SUPGB was created in 2013 by amalgamation of 4 RRBs viz. Uttar Pradesh Gramin Bank Meerut, Kisan Gramin Bank Budaun, Rani Laxmi Bai Kshetriya Gramin Bank Jhansi and Devipatan Kshetriya Gramin Bank Gonda under subsection (1) of section 23 A of Regional Rural Bank Act, 1976.

Prathama Bank

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Prathama Bank[4] (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.

See also

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References

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  1. ^ "PNB amalgamates RRBs in Uttar Pradesh". Livemint. 8 December 2007. Retrieved 17 February 2015.
  2. ^ Sarva U.P.Gramin Bank
  3. ^ http://sify.com/finance/fullstory.php?id=14573295 Archived 18 February 2015 at the Wayback Machine
  4. ^ Staff Writer (20 August 2015). "Different types of banks in India, explained". mint. Retrieved 29 November 2023.
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