Gujarat Gramin Bank
 | |
Native name | ગુજરાત ગ્રામીણ બેંક |
|---|---|
| Company type | Regional Rural Bank |
| Industry | Financial Regional Rural Banks |
| Predecessor |
|
| Founded | May 1, 2025 |
| Headquarters | , |
Number of locations | 744 Branches |
Area served | Gujarat |
Key people | Mr. Yogesh Agrawal (Chairman) |
| Products | |
| Services | |
| Owner | Government of India (50%)
Government of Gujarat (15%) Bank of Baroda (35%) |
| Parent | Ministry of Finance, Government of India |
| Website | |
The Gujarat Gramin Bank[1] (Gujarati: ગુજરાત ગ્રામીણ બેંક) is an Indian Regional Rural Bank (RRB) in Gujarat established on 1 May 2025.[2][3] The bank was formed by the amalgamation of Baroda Gujarat Bank and Saurashtra Gramin Bank under The "One State, One RRB"[4] policy of government. It currently has 744 branches in rural areas of Gujarat.
It functions under Regional Rural Banks' Act 1976 and is sponsored by Bank of Baroda.
See also
References
- ^ DeshGujarat (8 April 2025). "Gujarat Gramin Bank to come up through merger of Baroda Gujarat Gramin Bank and Saurashtra Gramin Bank; DeshGujarat". DeshGujarat.
- ^ Govt of India Notification CG-DL-E-07042025-262329 dated 07 April 2025 issued by the Department of Financial Services
- ^ "Govt announces 'One State, One RRB' implementation from May 1, 2025". Business Standard. 8 April 2025.
- ^ Livemint (8 April 2025). "'One state-one RRB' to be effective from May 1 after govt approves consolidation of 15 regional rural banks | Mint". mint.
External links
