Draft:Telangana Grameena Bank
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Telangana Grameena Bank is an Indian Regional Rural Bank (RRB) operating in the state of Telangana. [1]. The bank was formed on January 1, 2025, through the sponsorship of State Bank of India. It was formed under the scheme "One State, One RRB" policy in India aims to consolidate Regional Rural Banks (RRBs) within each state, resulting in a single RRB per state. This policy, effective from May 1, 2025, is designed to improve efficiency, reduce operational costs, and strengthen rural banking services. [2].
History
[edit]The Telangana Grameena Bank (TGB) was formed through an amalgamation process that involved merging four Regional Rural Bank (RRBs) sponsored by the State Bank of Hyderabad, including Sri Saraswathi Grameena Bank, Sri Satavahana Grameena Bank, Sri Rama Grameena Bank, and Golconda Grameena Bank. The name was later changed from Deccan Grameena Bank to Telangana Grameena Bank in 2014. The recent amalgamation involves merging the branches of Andhra Pradesh Grameena Vikas Bank (APGVB) in Telangana with TGB, effective January 1, 2025. [3].
Branches and coverage
[edit]The bank operates in multiple districts of Telengana, with its head office located at Hyderabad. Customers can locate nearby branches and ATMs using the bank's website. [4].
References
[edit]- ^ Telengana Grameena Bank. "Telengana / Telangana Grameena Bank | Telangana Grameena Bank/ Official Website". www.tgbhyd.in. Retrieved 2025-05-28.
- ^ BS. "One State One RRB / RRB | One State, One RRB / RRB". www.business-standard.com. Retrieved 2025-05-28.
- ^ Telengana Grameena Bank. "Telengana / Telangana Grameena Bank | Telangana Grameena Bank/ Official Website". www.tgbhyd.in. Retrieved 2025-05-28.
- ^ Telengana Grameena Bank. "Telengana / Telangana Grameena Bank | Telangana Grameena Bank/ Official Website". www.tgbhyd.in. Retrieved 2025-05-28.
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