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The bank registered 8.4% growth in deposit. The credit also increased by 4.5 percent. With a clientele base of 92.34 lakh, KGB's total business grew by 6.50 percent to reach ₹41,113 crore, which was ₹38,607 crore in the previous fiscal.
As per notification issued by Government of India, Ministry of Finance, Department of Financial Services ref no F.No 1/4/2006-RRB(II) dated 20 July 2009, Maharashtra Gramin Bank came into existence on 20 July 2009 after amalgamation of erstwhile Maharashtra Godavari Gramin Bank and Marathawada Gramin Bank. As per Government of India, Ministry ...
The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance , Government of India . Tamil Nadu Grama Bank was formed on 1 April 2019 by the amalgamation of the erstwhile Pallavan Grama Bank and Pandyan Grama Bank, as per GOI Gazette Notification No. 363 ...
The Chief Ministers of Indian states have varying salaries, with Telangana's Chief Minister earning the highest at ₹400,000 (US$4,800) per month. Other states like Delhi, Uttar Pradesh, and Maharashtra follow with salaries of ₹390,000 (US$4,700), ₹365,000 (US$4,400), and ₹340,000 (US$4,100) respectively.
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]
As of October 2007, the Bank had a staff of more than 24,703 employees; its 2,468 branches provided services to 80,257 villages, [32] up from the 43,681 villages covered in 2003. [46] By the end of 2021, the bank's coverage expanded to 81,678 villages out of the country's total 87,223, for a national coverage rate of around 94%. [8]
Tripura Gramin Bank [1] (TGB) is a Regional Rural Bank established on 21 December 1976 in terms of the provisions under the Regional Rural Banks Act 1976. The bank is sponsored by Punjab National Bank and is owned by Government of India (50% of Share Capital Deposit), Govt. of Tripura (15% of Share Capital Deposit) and Punjab National Bank (35% of Share Capital Deposit).
It was established in 1976 as a Scheduled Commercial Bank as per the Regional Rural Banks Act of 1976 to provide banking facilities in the North Malabar region. It operated in seven districts of Kerala with the headquarters at Kannur , and had 222 branches as of 14 June 2013 [update] .