Bangiya Gramin Vikash Bank

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Bangiya Gramin Vikash Banking
IndustryBanking, financial services
FoundedFebruary 21, 2007 (2007 -02-21)
Headquarters
Berhampore, Murshidabad, West Bengal
,
[ndia
Area served
West Bengal
Key people
Sri Joseph Lawrence Tobias
(Chairman )
ProductsRetail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management
OwnerGovernment of India (50%) Government of West Bengal (15%) Punjab National Bank (35%)
ParentMinistry of Finance, Government of India
Websitebgvb.in

Bangiya Gramin Vikash Bank (BGVB) is an Indian Regional Rural Bank established as a Gramin bank in terms of provisions of Regional Rural Banks Act 1976. It is sponsored by Punjab National Bank and is owned by Government of India (50% of Share Capital Deposit), Govt. of West Bengal (15% of Share Capital Deposit) and Punjab National Bank (35% of Share Capital Deposit). It is under the ownership of Ministry of Finance , Government of India.

The Bank operates in 12 districts (after creation of Jhargram District) of West Bengal State with its Head Office at Baharampur, Murshidabad, West Bengal. It has 587 Branches within its commanding area.[1]

History[edit]

BGVB was established with the amalgamation of Mallabhum Gramin Bank, Gaur Gramin Bank, Murshidabad Gramin Bank, Nadia Gramin Bank and Sagar Gramin Bank in 2007.[2]

Area of operations[edit]

The Bank is operating in 12 districts of West Bengal State. They are:

See also[edit]

References[edit]

  1. ↑ "Official website". bgvb.in. Retrieved 20 December 2018.
  2. ↑ "Five RRBs in Bengal amalgamate to become Bangiya Gramin Vikash Bank". Oneindia.com. 17 March 2007. Retrieved 20 December 2018.
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