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The bank was incorporated on 1 January 2019 by amalgamating 2 RRBs namely Madhya Bihar Gramin Bank and Bihar Gramin Bank. Dakshin Bihar Gramin Bank is sponsored by Punjab National Bank. The Bank operates in 20 districts of Bihar viz. Banka, Begusarai, Bhagalpur, Jamui, Khagaria, Lakhisarai, Buxar Rohtas Munger, Sheikhpura and Samastipur ...
The bank was created from the amalgamation of Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank(transferor regional rural banks) by Government of India in 1976 as per Gazette Notification issued by the Indian Ministry of Finance under Sub-Section (1) of Section 23 A of the Regional Rural Bank Act, 1976 (21 of 1976). [4]
A review of the RRBs in August 2009 by the Union Finance Minister revealed that a large number of RRBs had a low Capital to Risk weighted Assets Ratio (CRAR). A committee was constituted in September 2009 under the chairmanship of K C Chakrabarty, [4] the deputy governor of the Reserve Bank of India (RBI) to analyse the financials of the RRBs and suggest measures, including re-capitalisation ...
Dakshin Bihar Gramin Bank; J. Jharkhand Rajya Gramin Bank; K. Karnataka Vikas Grameena Bank; Kaveri Grameena Bank; Kerala Gramin Bank; Krishna Grameena Bank; L.
Women World Banking: In a bid to enhance financial inclusion, the National Bank for Agriculture and Rural Development (NABARD) and Women's World Banking entered into a Memorandum of Understanding (MoU) to promote the Jan Dhan Plus program through Regional Rural Banks. This collaboration targets increased utilization and adoption of basic ...
The next major government intervention in banking took place on 19 July 1969 when the Indira ... Assam Gramin Vikash Bank; Bihar. Dakshin Bihar Gramin Bank; Uttar ...
A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.