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

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

Prathama Bank[4] (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.

See also

References

  1. ^ "PNB amalgamates RRBs in Uttar Pradesh". Livemint. 8 December 2007. Retrieved 17 February 2015.
  2. ^ Sarva U.P.Gramin Bank
  3. ^ http://sify.com/finance/fullstory.php?id=14573295 Archived 18 February 2015 at the Wayback Machine
  4. ^ Staff Writer (20 August 2015). "Different types of banks in India, explained". mint. Retrieved 29 November 2023.
Allikas: https://en.wikipedia.org/wiki/Sarva_UP_Gramin_Bank
No tags for this post.