 | |
| Native name | प्रथमा यू.पी. ग्रामीण बैंक |
|---|---|
| Company type | Regional Rural Bank |
| Founded | April 1, 2019; 5 years ago (2019-04-01) 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:
- Prathama Bank
- Sarva UP Gramin Bank
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).
The bank has 950 branches around 19 districts of Uttar Pradesh; it will also have one branch in Haridwar District of Uttarakhand. The bank is sponsored by the Punjab National Bank.
Sarva UP Gramin 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
Prathama Bank (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.
See also
References
- "PNB amalgamates RRBs in Uttar Pradesh". Livemint. 8 December 2007. Retrieved 17 February 2015.
- Sarva U.P.Gramin Bank
- http://sify.com/finance/fullstory.php?id=14573295 Archived 18 February 2015 at the Wayback Machine
- Staff Writer (20 August 2015). "Different types of banks in India, explained". mint. Retrieved 29 November 2023.