Draft:Uttar Pradesh Gramin Bank
 | |
Native name | उत्तर प्रदेश ग्रामीण बैंक |
|---|---|
| Company type | Regional Rural Bank |
| Industry | Financial Regional Rural Banks |
| Predecessor | Aryavart Bank Baroda UP Bank |
| Founded | 1 May 2025 |
| Headquarters | 2nd and 3rd floor, NBCC Commercial Complex, Vardan Khand, Gomti Nagar Extension, Lucknow - 226010 Uttar Pradesh, |
Number of locations | 4353 Branches |
Area served | Uttar Pradesh |
Key people | Chairman: Shri Yadav S. Thakur |
| Products | |
| Owner | Government of India (50%) Government of Uttar Pradesh (15%) Bank of Baroda (35%) |
Number of employees | 19600+ |
| Parent | Ministry of Finance, Government of India |
| Website | upgbank |
The Uttar Pradesh Gramin Bank is an Indian Regional Rural Bank (RRB) in Uttar Pradesh established on 1 May 2025.[1] [2] The bank was formed by the amalgamation of Aryavart Bank, Prathama UP Gramin Bank and Baroda UP Bank under The "One State, One RRB"[3] policy of government. It currently has 4353 branches in rural areas of Uttar Pradesh. It also have one branch in Haridwar District of Uttarakhand.
It functions under Regional Rural Banks' Act 1976 and is sponsored by Bank of Baroda.
Aryavart Bank
[edit]Allahabad UP Gramin Bank and Gramin Bank of Aryavart merged with name Aryavart Bank e.r.f 01.04.2019 and is sponsored by Bank of India. The bank had 1365 branches and 22 regional offices[4] at the time of amalgamation in rural areas of Uttar Pradesh, around Lucknow. The bank was sponsored by the Bank of India.
Prathama UP Gramin Bank
[edit]Prathama Bank and Sarva UP Gramin Bank merged with name Prathama UP Gramin Bank.The bank had 960 branches around 19 districts of Uttar Pradesh; it also have one branch in Haridwar District of Uttarakhand.The bank was sponsored by the Punjab National Bank.
Prathama Bank (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.
Baroda UP Bank
[edit]The RRBs were established in India under RRB Act 1976 [23(1)]. As per Govt of India notification no 3837 dated 26.11.2019, Baroda Uttar Pradesh Gramin Bank, Purvanchal Bank and Kashi Gomti Samyut Gramin Bank has been amalgamated in to Baroda U.P. Bank under sponsorship of Bank of Baroda
See also
[edit]
References
[edit]- ^ 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".
- ^ https://www.livemint.com/economy/one-state-one-rrb-to-be-effective-from-may-1-after-govt-approves-consolidation-of-15-regional-rural-banks-11744118507326.html
- ^ Srivastava, Utkarsh. "Gramin Bank of Aryavart – About GBA". Aryavart-rrb.com. Retrieved 29 July 2018.