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The bank made a profit of Rs 9.01 Crore in the year 2011–12. [4] The bank had a credit-deposit ratio of 59.5% at the time of amalgamation. In 2015, Utkal Grameen Bank came First in the ranking of all banks in Odisha on Financial Inclusion parameters, with a score of 75 out of 100, becoming the best bank to handle Government business in the State.
Amalgamation of Gramin Bank of Aryavart and Allahabad UP Gramin Bank in Aryavart Bank on 1 April 2019. Amalgamation of Prathama Bank and Sarva UP Gramin Bank in Prathama UP Gramin Bank on 1 April 2019. Amalgamation of Purvanchal Bank, Kashi Gomti Samyut Gramin Bank and Baroda UP Gramin Bank in Baroda UP Bank on 1 April 2020. [6]
These have provided alternate employment opportunities for the villagers and also prompted a real estate boom in the village. There is a branch of Utkal Grameen Bank to cater to the banking needs of the villagers. [8] Also, a co-operative society bank branch is there in the village for agricultural financing.
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [ 5 ] [ 6 ] It provides small loans (known as microcredit or "grameencredit") [ 7 ] to the impoverished without requiring collateral .
Uttarakhand Gramin Bank is a regional rural bank in India.It is sponsored by State Bank of India established under RRB Act 1976 came into existence on 1 Nov 2012 after amalgamation of erstwhile RRB viz. Uttaranchal Gramin Bank and Nainital Almora Kshetriya Gramin Bank in Uttarakhand State.
The bank made a profit of Rs 14.42 Crore in the year 2013–14. [2] The bank had a CD ratio of 59.5% at the time of amalgamation. In 2015, Odisha Gramya Bank came third in the ranking of all banks in Odisha on Financial Inclusion parameters, with a score of 67 out of 100, becoming eligible to handle Government business including State PSU deposits.
Andhra Pradesh Grameena Vikas Bank is an Indian Regional Rural Bank headquartered in Warangal, India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976.
The Grameen family of organizations has grown beyond Grameen Bank into a multi-faceted group of both commercial and non-profit ventures. It was first established by Muhammad Yunus, the Nobel Peace Prize-winning founder of Grameen Bank. Most of the organizations in the Grameen group have central offices at the Grameen Bank Complex in Mirpur ...