This article may need to be rewritten to comply with Wikipedia's quality standards, as due to merger of the bank with JGB information has changed, and some of the text is severely disorganised. You can help. The talk page may contain suggestions.(July 2019)
Jharkhand Rajya Gramin Bank[1] (JRGB) is a Regional Rural Bank (RRB). The bank was established on 1 April 2019 with the amalgamation of the erstwhile Vananchal Gramin Bank and erstwhile Jharkhand Gramin Bank under the provisions of RRB Act 1976. It is under the ownership of Ministry of Finance , Government of India. This bank is sponsored by State Bank of India & is jointly Owned by the Government of India, Government of Jharkhand and State Bank of India.
The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi (sub-capital of Jharkhand State ). The bank has eight Regional Offices functioning at Ranchi, Singhbhum, Gumla, Palamu, Hazaribagh, Giridih, Deoghar & Godda.
JRGB has been established on 01.04.2019 with the amalgamation of erstwhile Vananchal Gramin Bank and erstwhile Jharkhand Gramin Bank in terms of provisions of RRBs Act 1976. This bank is sponsored by State Bank of India & Owned by Govt. of India, Govt. of Jharkhand and State Bank of India . The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi (capital of Jharkhand State ). It has eight Regional Offices functioning at Ranchi, Singhbhum, Gumla, Palamau, Hazaribagh, Giridih,Deoghar & Godda.
Amalgamationedit
By central government notification on 31 January 2019, Jharkhand Gramin Bank and Vananchal Gramin Bank were amalgamated to form Jharkhand Rajya Gramin Bank.[2][3] From 1 April 2019, all the 433 branches of merged bank are operating under new name.[4]
jharkhand, rajya, gramin, bank, this, article, need, rewritten, comply, with, wikipedia, quality, standards, merger, bank, with, information, changed, some, text, severely, disorganised, help, talk, page, contain, suggestions, july, 2019, jrgb, regional, rural. This article may need to be rewritten to comply with Wikipedia s quality standards as due to merger of the bank with JGB information has changed and some of the text is severely disorganised You can help The talk page may contain suggestions July 2019 Jharkhand Rajya Gramin Bank 1 JRGB is a Regional Rural Bank RRB The bank was established on 1 April 2019 with the amalgamation of the erstwhile Vananchal Gramin Bank and erstwhile Jharkhand Gramin Bank under the provisions of RRB Act 1976 It is under the ownership of Ministry of Finance Government of India This bank is sponsored by State Bank of India amp is jointly Owned by the Government of India Government of Jharkhand and State Bank of India Jharkhand Rajya Gramin BankTypeRegional Rural BankIndustryBanking Financial servicesHeadquartersRanchi IndiaArea servedJharkhandKey peopleMr Madan Mohan Bariar Chairman ProductsCredit cards consumer banking corporate banking finance and insurance investment banking mortgage loans private banking private equity wealth managementOwnerGovernment of India 50 Government of Jharkhand 15 State Bank of India 35 Number of employees782ParentMinistry of Finance Government of India Websitejrgb wbr inThe shareholders of the Bank are Govt of India 50 State Bank of India 35 and Govt of Jharkhand 15 The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi sub capital of Jharkhand State The bank has eight Regional Offices functioning at Ranchi Singhbhum Gumla Palamu Hazaribagh Giridih Deoghar amp Godda Contents 1 History 2 Amalgamation 3 See also 4 References 5 External linksHistory editJRGB has been established on 01 04 2019 with the amalgamation of erstwhile Vananchal Gramin Bank and erstwhile Jharkhand Gramin Bank in terms of provisions of RRBs Act 1976 This bank is sponsored by State Bank of India amp Owned by Govt of India Govt of Jharkhand and State Bank of India The shareholders of the Bank are Govt of India 50 State Bank of India 35 and Govt of Jharkhand 15 The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi capital of Jharkhand State It has eight Regional Offices functioning at Ranchi Singhbhum Gumla Palamau Hazaribagh Giridih Deoghar amp Godda Amalgamation editBy central government notification on 31 January 2019 Jharkhand Gramin Bank and Vananchal Gramin Bank were amalgamated to form Jharkhand Rajya Gramin Bank 2 3 From 1 April 2019 all the 433 branches of merged bank are operating under new name 4 See also edit nbsp Banks portalIndian banking List of banks in IndiaReferences edit Jharkhand Rajya Gramin Bank Devika 1 February 2019 Regional Rural Bank Amalgamation of Vananchal Gramin Bank and Jharkhand Gramin Bank into Jharkhand Rajya Gramin Bank झ रख ड ग र म ण ब क और वन चल ग र म ण ब क क व लय अब झ रख ड र ज य ग र म ण ब क ह ग न म Live Hindustan in Hindi 3 April 2019 पहल स वन चल ग र म ण ब क क व लय अध यक ष Jagran in Hindi 26 March 2019 List of VGB Branchesin Jharkhand https graminbanks com Vananchal Gramin Bank JharkhandExternal links edit 1 Retrieved from https en wikipedia org w index php title Jharkhand Rajya Gramin Bank amp oldid 1175338272, wikipedia, wiki, book, books, library,
