CleanupBot II: Removed empty portal template using script

2023-08-14T07:47:14Z

Removed empty portal template using script

← Older revision		Revision as of 13:17, 14 August 2023
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	==See also==		==See also==
	~~{{Portal\|Banks}}~~
	*[[Indian banking]]		*[[Indian banking]]
	*[[List of banks in India]]		*[[List of banks in India]]

>Dl2000: extra reason

2021-06-22T01:26:27Z

extra reason

New page

{{rewrite|due to merger of the bank with JGB information has changed, and some of the text is severely disorganised|date=July 2019}}
{{Use dmy dates|date=October 2015}}
{{Use Indian English|date=October 2015}}
{{Infobox company
| name = Jharkhand Rajya Gramin Bank
| logo =
| logo_size =
| type = [[Public company|Public]]
| location = [[Ranchi]], [[India]]
| area_served = [[Jharkhand]]
| key_people = Mr Sunil Vinayak Zode ([[Chairman]])
| industry = Banking, [[Financial services]]
| products = [[Credit card]]s, [[Retail banking|consumer banking]], [[Commercial bank|corporate banking]], [[Financial services|finance and insurance]], [[investment banking]], [[mortgage loan]]s, [[private banking]], [[private equity]], [[wealth management]]
| revenue =
| net_income =
| assets =
| num_employees = 782
| homepage = {{URL|http://jrgb.in}}
}}

'''Jharkhand Rajya Gramin Bank'''<ref>{{cite web|url=http://jrgb.in/home.php |title= Jharkhand Rajya Gramin Bank}}</ref> ('''JRGB''') is a [[Regional Rural Bank]] (RRB_). The bank was established on 1 April 2019 with the amalgamation of the erstwhile V''ananchal Gramin Bank'' and erstwhile J''harkhand Gramin Bank'' under the provisions of RRB Act 1976. 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.

The shareholders of the Bank are Govt. of India (50%), [[State Bank of India]] (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at [[Ranchi]] (sub-capital of [[Jharkhand]] State ). The bank has eight Regional Offices functioning at [[Deoghar|Ranchi, Singhbhum, Gumla, Palamau, Hazaribagh, Giridih,Deoghar]] & [[Godda]].

==History==
JRGB has been established on 01.04.2019 with the amalgamation of erstwhile Vananchal Gramin Bank and erstwhile Jharkhand Gramin Bank in terms of provisions of RRBs Act 1976. This bank is sponsored by State Bank of India & Owned by Govt. of India, Govt. of Jharkhand and State Bank of India . The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi (capital of Jharkhand State ). It has eight Regional Offices functioning at [[Deoghar|Ranchi, Singhbhum, Gumla, Palamau, Hazaribagh, Giridih,Deoghar]] & [[Godda]]. & no. of branches covered by these Regional Offices are as under:-

Regional Office
Headquarter
Concerned Districts
Total No. of Branches
I
Deoghar
Deoghar, Dumka & Jamtara
70
II
Godda
Godda, Pakur & Sahebganj
52
III
Daltonganj
Palamau
44
IV
Garhwa
Garhwa & Latehar
37

==Overview==
Date of Establishment
30 June 2006
(With the amalgamation of erstwhile Santhal Parganas Gramin Bank and Palamau Kshetriya Gramin Bank vide Govt. of India Notification No. F.NO. 1/4/2006-RRB(III) dated 30.06.06)
Total Geographical areas covered
(i) Santhal Parganas Division вЂ" 14,129 km2
(ii) Palamau Division- 11,651 km2
(iii) Total Area-25,780 km2
Districts covered
09 (Nine)
Santhal Parganas Division
(i) Dumka (ii) Deoghar (iii) Jamtara (iv) Godda (v) Pakur (vi) Sahibganj
Palamau Division
(vii) Palamau (viii) Latehar (ix) Garhwa
No. of Blocks covered
87
Regional Offices
(i) Deoghar (Region-I)
(ii) Godda (Region-II)
(iii) Daltonganj (Region-III)
(iv) Garhwa (Region-IV)
Business Performance
As on 31.03.12
As on 31.03.13
Deposit вЂ" 169151 lac
Advances- 67084 lac
Profit- 1621 lac
C:D Ratio- 39.66%
N.P.A.- 9.74%
Deposit вЂ" 187979 lac
Advances- 87232 lac
Profit- 1908 lac
C:D Ratio- 46.41%
N.P.A.- 7.34%
Number of Branches (203)
Rural Branches (180), Semi-Urban Branches(23) & Urban Branches(NIL)
Number of Staff(Excluding Sponsor Bank) [913]
==Amalgamation==
By central government notification on 31 January 2019, Jharkhand Gramin Bank and
Vananchal Gramin Bank were amalgamated to form
Jharkhand Rajya Gramin Bank.<ref>{{cite news|url=https://www.scconline.com/blog/post/2019/02/01/regional-rural-bank-amalgamation-of-vananchal-gramin-bank-and-jharkhand-gramin-bank-into-jharkhand-rajya-gramin-bank/|title=Regional Rural Bank {{!}} Amalgamation of Vananchal Gramin Bank and Jharkhand Gramin Bank into Jharkhand Rajya Gramin Bank|author=Devika|date=1 February 2019}}</ref><ref>{{cite news|url=https://www.livehindustan.com/jharkhand/story-the-merger-of-jharkhand-rural-bank-and-vananchal-rural-banks-now-jharkhand-state-rural-bank-will-be-named-2473859.html|title=झारखंड ग्रामीण बैंक और वनांचल ग्रामीण बैंकों का विलय, अब झारखंड राज्य ग्रामीण बैंक होगा नाम|work=Live Hindustan|language=hi|date=3 April 2019}}</ref> From 1 April 2019, all the 433 branches of merged bank are operating under new name.<ref>{{cite news|url=https://www.jagran.com/jharkhand/dumka-vananchal-grameen-bank-merger-from-1st-chairman-19074722.html|title=पहली से वनांचल ग्रामीण बैंक का विलय : अध्यक्ष|work=Jagran|language=hi|date=26 March 2019}}</ref>

==See also==
{{Portal|Banks}}
*[[Indian banking]]
*[[List of banks in India]]

==References==
{{reflist|30em}}
# List of VGB Branchesin Jharkhand: https://graminbanks.com/Vananchal-Gramin-Bank/Jharkhand

==External links==
* [http://www.vcgb.in]

{{Banking in India}}

[[Category:Regional rural banks of India]]
[[Category:Banks established in 2019]]
[[Category:Economy of Jharkhand]]
[[Category:Indian companies established in 2019]]
[[Category:2019 establishments in Jharkhand]]

Jharkhand Rajya Gramin Bank - Revision history

CleanupBot II: Removed empty portal template using script

>Dl2000: extra reason