Company type | Regional Rural Bank |
---|---|
Industry | Banking and Finance |
Founded | 31 March 2006 |
Headquarters | , |
Number of locations | 772 |
Key people | Chairman : Shri. K Prathapa Reddy |
Products | Loans to Agricultural, Small Business & Services, Housing, Personal, Education and Banking Services like Mobile Banking, Internet Banking, Insurance, NEFT, RTGS, IMPS, Safe Deposit Lockers, ATM services. Deposit products with attractive interest rates. |
Owner | Government of India (50%) State Bank of India (35%) Government of Andhra Pradesh (15%). |
Number of employees | 3239 |
Parent | Ministry of Finance, Government of India |
Website | www |
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. By amalgamation, on 31 March 2006, of the following 5 banks, sponsored by SBI, to participate more energetically, with synergy, in the upliftment and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. It is under the ownership of Ministry of Finance, Government of India.
IN TELANGANA STATE
IN ANDHRA PRADESH STATE
Government of India :50% Government of Andhra Pradesh :15% State Bank of India :35%
Andhra Pradesh Grameena Vikas Bank has its branches in Andhra Pradesh and Telangana
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