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Know Your Bank |
| Formation |
By amalgamation, on the 31st 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.
- 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
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Districts Covered
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Eight
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Mahabubnagar (Population: 35.09 Lakhs)
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Nalgonda (Population: 32.43 Lakhs)
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Medak (Population: 26.70 Lakhs
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Warangal (Population: 32.46 Lakhs)
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Khammam (Population: 25.65 Lakhs)
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Visakhapatnam (Population: 38.32 Lakhs)
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Vizianagaram (Population: 22.45 Lakhs)
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Srikakulam (Population: 25.38 Lakhs)
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| Headquarters |
Warangal, Andhra Pradesh |
| Ownership |
Government of India :50%
Government of Andhra Pradesh :15%
State Bank of India :35% |
| Number of Branches |
584 |
| Staff |
2,350 willing, young, energetic, empathetic cadre, man these branches. |
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