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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.
The Bank is headquartered at Warangal, Telangana Telangana state.
Video Andhra Pradesh Grameena Vikas Bank
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)
Maps Andhra Pradesh Grameena Vikas Bank
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)
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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
src: www.apmepma.gov.in
References
- http://www.apgvbank.in/
- Andhra Pradesh Grameena Vikas Bank branches
Source of article : Wikipedia
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