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Website. jrgb.in. 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 V ananchal Gramin Bank and erstwhile J harkhand Gramin Bank under the provisions of RRB Act 1976. It is under the ownership of Ministry of Finance, Government of India.
Regional Rural Banks (RRBs) Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsored Bank and concerned State Government in the ratio of 50:35:15 respectively.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
Founder. Government of India. Location. India. Affiliations. Cooperative Societies India. A Primary Agricultural Credit Society (PACS) is a basic unit and smallest co-operative credit institutions in India. [1] It works on the grassroots level (gram panchayat and village level). PACS structure [2]
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
Ranchi was the centre of the Jharkhand movement, [7] which called for a separate state for the tribal regions of South Bihar, northern Odisha, western West Bengal and the eastern area of what is present-day Chhattisgarh. The Jharkhand state was formed on 15 November 2000 by carving out the Bihar divisions of Chota Nagpur and Santhal Parganas.
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