![]() Bank for U - Banking for All | |
Company type | Regional Rural Bank |
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Industry | Banking, Financial services |
Founded | 26 February 2007 |
Headquarters | Howrah, West Bengal, India |
Number of locations | 230 branches |
Area served | West Bengal |
Key people | Pranab Kumar Biswas (Chairman) [1] |
Products | consumer banking, corporate banking, finance and insurance, Investment banking, mortgage loans, wealth management, Mobile Banking, BHIM, UPI, Point of sale |
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Total assets | ![]() |
Owner | Government of India (50%) Government of West Bengal (15%) UCO Bank (35%) [2] |
Parent | Ministry of Finance, Government of India |
Website | www |
Paschim Banga Gramin Bank [3] 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 [4] in exercise of the powers conferred by Sub-section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 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".
This bank is sponsored by UCO Bank and owned by the government of India, the government of West Bengal and UCO Bank. The shareholders of the bank are the Government of India (50%), UCO Bank (35%) and the Government of West Bengal (15%). The bank's head office is located at Tikiapara, Howrah, West Bengal.
As of 31 March 2019, the bank made a net profit of ₹67.97 million (US$810,000)
The bank operates in five districts of West Bengal State, namely, Howrah, Hooghly, Purba Bardhaman, Paschim Bardhaman and Birbhum, with its head office at Howrah, West Bengal.
It has 230 branches and 4 regional offices. The regional offices are in Howrah, Hooghly, Bardhaman, and Suri.
UCO Bank, formerly United Commercial Bank, is an Indian public sector bank, and financial services statutory body headquartered in Kolkata. UCO Bank is the 10th largest public sector bank in India by total asset and ranked 1948 in Forbes Global 2000 list of year 2018 & ranked 80 on the Fortune India 500 list in 2020. During FY 2023–24, its total business was ₹4.50 lakh crore. The market capitalisation of bank is ₹71,078 crore (2024).
Salap is a census town in Domjur CD Block of Howrah Sadar subdivision in Howrah district in the Indian state of West Bengal. It is a part of Kolkata Urban Agglomeration.
Mogra is a gram panchayat, or village, which is home to the headquarters of the Chinsurah-Mogra community development block in the Chinsurah subdivision of the Hooghly district in the Indian state of West Bengal. It has a station on the Howrah-Bardhaman Main Rail Line, 47 km from Howrah Station and 7 km from Bandel Station.
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Haripal is a community development block that forms an administrative division in Chandannagore subdivision of Hooghly district in the Indian state of West Bengal.
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Monteswar is a village situated in Manteswar CD block in Kalna subdivision of Purba Bardhaman district in the Indian state of West Bengal.
Singur is a community development block that forms an administrative division in Chandannagore subdivision of Hooghly district in the Indian state of West Bengal.
Pandua is a community development block that forms an administrative division in Chinsurah subdivision of Hooghly district in the Indian state of West Bengal.
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.
Jharkhand Rajya Gramin Bank (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.
Bargachia is a census town in Jagatballavpur CD Block of Howrah Sadar subdivision in Howrah district in the Indian state of West Bengal. It is 25 km from the state's capital, Kolkata. The nearest towns are Jagatballavpur, Domjur, Pantihal, Garbalia and Munsirhat.
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Tripura Gramin Bank (TGB) is a Regional Rural Bank established on 21 December 1976 in terms of the provisions under the Regional Rural Banks Act 1976. The bank is sponsored by Punjab National Bank and is owned by Government of India, Govt. of Tripura and Punjab National Bank. TGB has total number of 154 operating branches in Eight District in Tripura. It is under the ownership of Ministry of Finance, Government of India.
Assam Gramin Vikash Bank is the only regional rural bank of Assam, India. It is under the ownership of Ministry of Finance, Government of India. The bank was formally launched on 12 January 2006 after amalgamation of Pragjyotish Gaonlia Bank, Lakhimi Gaonlia Bank, Cachar Gramin Bank and Subansiri Gaonlia Bank, which were sponsored by erstwhile United Bank of India now Punjab National Bank. As per Government of India directives for forming of state wise Regional Rural Banks Assam Gramin Vikash Bank was further amalgamated with Langpi Dehangi Rural Bank which was sponsored by State Bank of India to form present Assam Gramin Vikash Bank w.e.f 1 April 2019 without changing of the name of the newly formed entity.
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