Telangana Grameena Bank

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Telangana Grameena Bank
Company type Regional Rural Bank
Industry Financial
Regional Rural Banks
FoundedJanuary 1, 2025;9 months ago (2025-01-01)
Headquarters
Hyderabad, Telangana
,
India
Number of locations
936 Branches
Area served
 Telangana
Key people
Shi K Prathapa Reddy (Chairman)
Products
Services
Owner Government of India (50%)

Government of Telangana (15%)

State Bank of India (35%)
Parent Ministry of Finance, Government of India
Website tgb.bank.in

Telangana Grameena Bank is an Indian Regional Rural Bank (RRB) in Telangana. [1] The bank was established on January 1, 2025 [2] [3] The bank was formed by the amalgamation of Telangana Gramin Bank and the branches of Andhra Pradesh Grameena Vikas Bank (APGVB) in Telangana under The "One State, One RRB" [4] policy of government which aims to consolidate Regional Rural Banks (RRBs) within each state, resulting in a single RRB per state. This policy, effective from May 1, 2025, is designed to improve efficiency, reduce operational costs, and strengthen rural banking services. [5]

Contents

It functions under Regional Rural Banks' Act 1976 and is sponsored by State Bank of India.

History

Telangana Grameena Bank (TGB) was an Indian Regional Rural Bank headquartered in Hyderabad, India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on March 2006, of the following 4 banks, including Sri Rama Grameena Bank , Sri Saraswathi Grameena Bank, Sri Satavahana Grameena Bank and Golconda Grameena Bank sponsored by State Bank of Hyderabad The name was later changed from Deccan Grameena Bank to Telangana Grameena Bank in 2014. The recent amalgamation involves merging the branches of Andhra Pradesh Grameena Vikas Bank (APGVB) in Telangana with Telangana Grameena Bank (TGB) , effective January 1, 2025. [1]

Branches and coverage

The bank operates in multiple districts of Telangana, with its head office located at Hyderabad. Customers can locate nearby branches and ATMs using the bank's website. [1]

See also

References

  1. 1 2 3 Telangana Grameena Bank. "Telangana Grameena Bank Official Website". www.tgb.bank.in. Retrieved 12 September 2025.
  2. ↑ Govt of India Notification CG-DL-E-07042025-262329 dated 07 April 2025 issued by the Department of Financial Services
  3. ↑ "Govt announces 'One State, One RRB' implementation from May 1, 2025".
  4. ↑ https://www.livemint.com/economy/one-state-one-rrb-to-be-effective-from-may-1-after-govt-approves-consolidation-of-15-regional-rural-banks-11744118507326.html
  5. ↑ BS. "One State One RRB / RRB | One State, One RRB / RRB". www.business-standard.com. Retrieved 28 May 2025.
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