Native name | प्रथमा यू.पी. ग्रामीण बैंक |
---|---|
Company type | Regional Rural Bank |
Founded | April 1, 2019 by amalgamation of Prathama Bank and Sarva U.P. Gramin Bank |
Headquarters | Moradabad, Uttar Pradesh |
Key people | Sanjeev Bhardwaj (Chairman) |
Services | |
Owner |
|
Number of employees | 4000+ (2024) |
Parent | Ministry of Finance , Government of India |
Website | prathamaupbank |
Prathama UP Gramin Bank was created on 1 April 2019 by the amalgamation of two regional rural banks in Uttar Pradesh: [1]
The creation of Prathama UP Gramin Bank took place under Sub-Section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976). [2]
The bank has 950 branches around 19 districts of Uttar Pradesh; it will also have one branch in Haridwar District of Uttarakhand. [3] The bank is sponsored by the Punjab National Bank.
Previously PUPGB was Sarva UP Gramin Bank (SUPGB). SUPGB was created in 2013 by amalgamation of 4 RRBs viz. Uttar Pradesh Gramin Bank Meerut, Kisan Gramin Bank Budaun, Rani Laxmi Bai Kshetriya Gramin Bank Jhansi and Devipatan Kshetriya Gramin Bank Gonda under subsection (1) of section 23 A of Regional Rural Bank Act, 1976.
Prathama Bank [4] (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.
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