Allahabad UP Gramin Bank is a regional rural bank (RRB) in Prayagraj, Uttar Pradesh, India.
The bank was established in 2010 with the amalgamation of the erstwhile Lucknow Kshetriya Gramin Bank and Sitapur and Triveni Kshetriya Gramin Bank, Orai. It is sponsored by Allahabad Bank. It was created under Gazette Notification of 2 March 2010 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). The bank is headquartered in Banda. [1]
Uttar Pradesh is a state in northern India. With over 241 million inhabitants, it is the most populated state in India as well as the most populous country subdivision in the world – more populous than all but four other countries outside of India – and accounting for 16.5 percent of the population of India or around 3 percent of the total world population. The state is bordered by Rajasthan to the west, Haryana, Himachal Pradesh and Delhi to the northwest, Uttarakhand and Nepal to the north, Bihar to the east, Madhya Pradesh, Chhattisgarh and Jharkhand to the south. It is the fourth-largest Indian state by area covering 243,286 km2 (93,933 sq mi), accounting for 7.3 percent of the total area of India. Lucknow serves as the state capital, with Prayagraj being the judicial capital. It is divided into 18 divisions and 75 districts. On 9 November 2000, a new state, Uttaranchal, was created from Uttar Pradesh's western Himalayan hill region. The two major rivers of the state, the Ganges and its tributary Yamuna, meet at the Triveni Sangam in Prayagraj, a Hindu pilgrimage site. Other notable rivers are Gomti and Saryu. The forest cover in the state is 6.1 percent of the state's geographical area. The cultivable area is 82 percent of the total geographical area, and the net area sown is 68.5 percent of the cultivable area.
The National Capital Region is a planning region centred upon the National Capital Territory (NCT) of Delhi in India. It encompasses Delhi and several districts surrounding it from the states of Haryana, Uttar Pradesh, and Rajasthan. The NCR and the associated National Capital Region Planning Board (NCRPB) were created in 1985 to plan the development of the region and to evolve harmonized policies for the control of land-uses and development of infrastructure in the region. Prominent cities of NCR include Delhi, Faridabad, Ghaziabad, Gurgaon and Noida.
Sarila is a town, a former princely state and a nagar panchayat in Hamirpur district in the northern Indian state of Uttar Pradesh.
Unchahar is a town and nagar panchayat in Raebareli district in the Indian state of Uttar Pradesh. It serves as the headquarters of a tehsil as well as a community development block. It is located on Lucknow Allahabad Highway, 115 km from Lucknow, 85 km from Allahabad. The place is well connected by rail and roads to nearby cities of Kanpur, Lucknow, and Allahabad. Unchahar is also a constituency of Uttar Pradesh Legislative assembly.
Prayagraj, also known as Allahabad or Ilahabad, is a metropolis in the Indian state of Uttar Pradesh. It is the administrative headquarters of the Prayagraj district, the most populous district in the state and 13th most populous district in India and the Prayagraj division. The city is the judicial capital of Uttar Pradesh with the Allahabad High Court being the highest judicial body in the state. As of 2011, Prayagraj is the seventh most populous city in the state, thirteenth in Northern India and thirty-sixth in India, with an estimated population of 1.53 million in the city. In 2011, it was ranked the world's 40th fastest-growing city. The city, in 2016, was also ranked the third most liveable urban agglomeration in the state and sixteenth in the country. Hindi is the most widely spoken language in the city.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget.
Prathama UP Gramin Bank was created on 1 April 2019 by the amalgamation of two regional rural banks in Uttar Pradesh:
The state of Uttar Pradesh had a small tradition of learning, although it had remained mostly confined to the elite class and the religious establishment.
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. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches.
The Aryavart Bank (AB) is an Indian Regional Rural Bank (RRB) in Uttar Pradesh established on 1 April 2019. The bank was formed by the amalgamation of Gramin Bank of Aryavart and Allahabad UP Gramin Bank. It currently has 1365 branches and 22 regional offices in rural areas of Uttar Pradesh.
Uttar Pradesh food grain scam took place between years 2002 and 2010, in Uttar Pradesh state in India, wherein food grain worth ₹350 billion (US$4.2 billion), meant to be distributed amongst the poor, through Public Distribution System (PDS) and other welfare schemes like Antyodaya Anna Yojana (AAY), Jawahar Rozgar Yojana and Midday Meal Scheme for Below Poverty Line (BPL) card holders, was diverted to the open market. Some of it was traced to the Nepal and Bangladesh borders, as in 2010 security forces seized Rs 11.7 million worth of foodgrains like paddy and pulses being smuggled to Nepal, another Rs 6062,000 worth of grains were confiscated on the Indo-Bangladesh border.
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. Their main objective is social welfare.
Bangiya Gramin Vikash Bank (BGVB) is an Indian Regional Rural Bank established as a Gramin bank in terms of provisions of Regional Rural Banks Act 1976. It is under the ownership of Ministry of Finance, Government of India.
Madhyanchal Gramin Bank is a regional rural bank in India. It is under the ownership of Ministry of Finance, Government of India. It was formed by merging three rural banks in the state of Madhya Pradesh in central India namely Madhya Bharat Bank, Sharda Grameen Bank, Rewa Sidhi Grameen Bank, sponsored by State Bank Of India, Allahabad Bank and Union Bank of India. Its headquarters is in Saugor. Current sponsor of the bank is State Bank of India. Madhyanchal Gramin Bank has presence over 15 districts in Madhya Pradesh Damoh, Sagar, Shivpuri, Guna, Ashoknagar, Tikamgarh, Chhatarpur, Panna, Satna, Rewa, Sidhi, Niwari ,Mauganj, Maihar and Singrauli. There are 454 branch and 7 regional offices in Rewa, Sidhi, Satna, Damoh, Shivpuri, Chhatarpur and Tikamgarh.
Paschim Banga Gramin Bank is a premier regional rural bank in India. It is under the ownership of Ministry of Finance, Government of India. It was established on 26 February 2007 in exercise of the powers conferred by Sub-section (1) of Section 23A of the Regional Rural Bank Act, 1976. The bank was established by the amalgamation of Howrah Gramin Bank, Bardhaman Gramin Bank and Mayurakshi Gramin Bank. The tagline of the bank is "Bank for U - Banking for All".
Uttar Bihar Gramin Bank is a regional rural bank (RRB) in the State of Bihar, India. It is under the ownership of Ministry of Finance, Government of India. It is one of the largest regional rural banks in India in terms of branch network, staff strength and area of operation.
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government. Depending on the level of government ownership, PSUs are officially classified into two categories: Central Public Sector Undertakings (CPSUs), owned by the central government or other CPSUs; and State Public Sector Undertakings (SPSUs), owned by state governments. CPSU and SPSU is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSUs are granted the status of Maharatna, Navaratna, and Miniratna.
Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022. It has two components: Pradhan Mantri Awas Yojana(Urban) (PMAY-U) for the urban poor and Pradhan Mantri Awaas Yojana (Gramin) (PMAY-G and also PMAY-R) for the rural poor, the former administered by Ministry of Housing and Urban Affairs and the latter by Ministry of Rural Development. This scheme converges with other schemes to ensure that houses have a toilet, Saubhagya Scheme for universal electricity connection, Ujjwala Yojana LPG connection, access to drinking water and Jan Dhan banking facilities, etc.
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. It is under the ownership of Ministry of Finance, Government of India. The Bank is headquartered at Dehradun and presently its area of operation in all 13 Districts in Uttarakhand having 290 branches and 6 regional offices.