 | |
| Company type | Regional Rural Bank |
|---|---|
| Industry | Banking and Finance |
| Founded | 31 March 2006 (2006-03-31) |
| 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※
- 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
- 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※
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※
- 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
