Madhyanchal Gramin Bank: Difference between revisions

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{{Use dmy dates|date=October 2015}}
{{Use dmy dates|date=October 2021}}
{{Use Indian English|date=October 2015}}
{{Use Indian English|date=October 2021}}
{{unreferenced|date=February 2013}}
{{unreferenced|date=February 2013}}


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| num_employees =  
| num_employees =  
| parent = [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]].
| parent = [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]].
| owner = *[[Government of India ]] (50%)
| owner = *[[Government of India]] (50%)
*[[State Bank of India]] (35%)
*[[State Bank of India]] (35%)
*[[Government of Madhya Pradesh]] (15%)
*[[Government of Madhya Pradesh]] (15%)
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== References ==
== References ==
{{Portal|Banks}}
{{reflist}}
{{reflist}}



Revision as of 03:27, 29 December 2021

Madhyanchal Gramin Bank
IndustryBanking, Financial services
Founded1 November 2012
HeadquartersSagar, Madhya Pradesh, India
Area served
Madhya Pradesh
Owner
ParentMinistry of Finance , Government of India.
Websitewww.mgbank.co.in

Madhyanchal Gramin Bank is a regional rural bank in India. It is under the ownership of Ministry of Finance , Government of India. It was formed by merging three rural banks in the state of Madhya Pradesh in central India namely Madhya Bharat Bank, Sharda Grameen Bank, Rewa Sidhi Grameen Bank, sponsored by State Bank Of India, Allahabad Bank and Union Bank of India. Its headquarters is in Saugor. Current sponsor of the bank is State Bank of India. Madhyanchal Gramin Bank has presence over 13 districts in Madhya Pradesh Damoh, Sagar, Shivpuri, Guna, Ashoknagar, Tikamgarh, Chhatarpur, Panna, Satna, Rewa, Sidhi, Niwari and Singrauli. There are 454 branch and 7 regional offices in Rewa, Sidhi, Satna, Damoh, Shivpuri, Chhatarpur and Tikamgarh.

See also

References