Company type | Regional Rural Bank |
---|---|
Industry | Banking, Financial services |
Founded | 1 November 2012 |
Headquarters | Sagar, Madhya Pradesh, India |
Area served | Madhya Pradesh |
Owner |
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Parent | Ministry of Finance, Government of India. |
Website | www |
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.
Vindhya Pradesh was a former state of India. It occupied an area of 61,131.5 km2. It was created in 1948 as Union of Baghelkhand and Bundelkhand States, shortly after Indian independence, from the territories of the princely states in the eastern portion of the former Central India Agency. It was named as Vindhya Pradesh on 25 January 1950 after the Vindhya Range, which runs through the centre of the province. The capital of the state was the former princely state of Rewa. It lay between Uttar Pradesh to the north and Madhya Pradesh to the south, and the enclave of Datia, which lay a short distance to the west, was surrounded by the state of Madhya Bharat.
Bagelkhand or Baghelkhand is a proposed state and a mountain range in central India that covers the northeastern regions of Madhya Pradesh and a small area of southeastern Uttar Pradesh.
Chhatarpur District is a district of Madhya Pradesh state of central India. The town of Chhatarpur is the district headquarters.
Sagar Division is an administrative geographical unit of the state of Madhya Pradesh, India. The city of Sagar is its administrative headquarters. As of 2023, the division consists of the districts of Sagar, Chhatarpur, Damoh, Panna, Tikamgarh, and Niwari.
Rewa district is a district in Madhya Pradesh state in central India. The city of Rewa is the district headquarter. Rewa is sometimes called the "Land of White Tigers", as the first White Tiger was discovered here in 1951 by the Maharaja of the province, Martand Singh, in the nearby jungle of Govindgarh. Rewa was the capital city of a former state, Vindhya Pradesh.
Rewa Division is an administrative geographical unit of Madhya Pradesh state of India situated in the northeast part of state bordering with Uttar Pradesh, Chhattisgarh and Baghelkhand region of Madhya Pradesh. Rewa is the administrative headquarters of the division. As of 2024, the division consists of districts of Rewa, Satna, Sidhi, Singrauli, Mauganj and Maihar. The division forms a part of the Baghelkhand region of Madhya Pradesh. The divisional headquarters in the Kothi Compound area of Rewa.
The Syro-Malabar Catholic Eparchy of Satna is an Eastern Catholic eparchy in India, under the Syro-Malabar Catholic Church based in the town of Satna. It was erected on February 26, 1977. It is spread out in the northern part of the state Madhya Pradesh. It was made Suffragan ad Instar to the ecclesiastical Province of Bhopal in 1968.The Eparchy of Satna, which comprises eight civil districts of Madhya Pradesh, namely, Satna, Chhatarpur, Panna, Rewa, Sidhi, Singrauli, Niwari and Tikamgarh, with a population of 1,11,20,815 was bifurcated from the diocese of Jabalpur. It was erected exarchy and entrusted to the Congregation of Vincentian Fathers by the Holy See on 29 July 1968 by the papal bull In More Est of Pope Paul VI. Msgr Abraham D Mattam of Vincentian Congregation was nominated its first Apostolic Exarch on 15 August 1968.
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.
There are 43 recognized Scheduled Tribes in Madhya Pradesh, India, three of which have been identified as "Particularly Vulnerable Tribal Groups" or "PTGs". The population of Scheduled Tribals (ST) is 21.1 per cent of the state population, according to the 2011 census. Bounded by the Narmada River to the north and the Godavari River to the southeast, tribal peoples occupy the slopes of the region's mountains.
Regional rural banks (RRBs) are government owned scheduled commercial banks of India that operate at the regional level in different states of India. These banks are under the ownership of the 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.
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.
Madhya Pradesh is a small state situated in the central India having an area of around 308000 km2. The state's administration operates through 50 districts, 282 tehsils / Blocks. In order to avail financial and social benefits of Information Technology, the establishment of State Wide Area Network (SWAN) has been envisaged. The SWAN will provide primary backbone for communication of voice, data and video throughout the state and will be an effective tool for implementation of e-Governance Projects.
National Highway 39 is a National Highway in India. This highway passes through the Indian states of Madhya Pradesh, Uttar Pradesh and Jharkhand.
The Maihar district is one of the 55 districts in Madhya Pradesh, India. Maihar city is the administrative headquarter of the Maihar district. Maihar district was formed on 5 October 2023 by the then Chief Minister of MP Mr. Shivraj Singh Chouhan.