Prathama UP Gramin Bank
Native name | प्रथमा यू.पी. ग्रामीण बैंक |
---|---|
Company type | Regional Rural Bank |
Founded | April 1, 2019 | by amalgamation of Prathama Bank and Sarva U.P. Gramin Bank
Headquarters | Moradabad, Uttar Pradesh |
Key people | Sanjeev Bhardwaj (Chairman) |
Services | |
Owner |
|
Number of employees | 4000+ (2024) |
Parent | Ministry of Finance, Government of India |
Website | prathamaupbank |
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
[edit]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
[edit]Prathama Bank[4] (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.
See also
[edit]References
[edit]- ^ "PNB amalgamates RRBs in Uttar Pradesh". Livemint. 8 December 2007. Retrieved 17 February 2015.
- ^ Sarva U.P.Gramin Bank
- ^ http://sify.com/finance/fullstory.php?id=14573295 Archived 18 February 2015 at the Wayback Machine
- ^ Staff Writer (20 August 2015). "Different types of banks in India, explained". mint. Retrieved 29 November 2023.