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Andhra Pradesh Grameena Bank
Regional Rural Bank in Andhra Pradesh, India From Wikipedia, the free encyclopedia
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The Andhra Pradesh Grameena Bank is an Indian Regional Rural Bank (RRB) in Andhra Pradesh established on 1 May 2025.[1][2] The bank was formed by the amalgamation of Andhra Pradesh Grameena Vikas Bank, Andhra Pragathi Grameena Bank, Chaitanya Godavari Gramin Bank and Saptagiri Gramin Bank under The "One State, One RRB"[3] policy of government. It currently has 1351 branches in rural areas of Andhra Pradesh.
It functions under Regional Rural Banks' Act 1976 and is sponsored by Union Bank of India.
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Andhra Pradesh Grameena Vikas Bank
Andhra Pradesh Grameena Vikas Bank was an Indian Regional Rural Bank headquartered in Warangal, India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on 31 March 2006, of the following 5 banks, Sri Visakha Grameena Bank (Established on 30 September 1976), Nagarjuna Grameena Bank (Established on 30 April 1976), Sangameswara Grameena Bank (Established on 31 March 1982), Manjira Grameena Bank (Established on 31 March 1982), Kakathiya Grameena Bank (Established on 28 June 1982) sponsored by SBI, to participate more energetically, with synergy, in the upliftment and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. It is under the ownership of Ministry of Finance, Government of India.
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Andhra Pragathi Grameena Bank
Andhra Pragathi Grameena Bank was formed on June 1, 2006 after approval from Government of India with the merger of Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank.[4] Andhra Pragathi Grameena Bank was formed as per Regional Rural Banks Act 1976. The bank has 552 branches in Andhra Pradesh.[5] In terms of bank's outreach in business, its only second after State Bank of India(SBI) in terms of its reach out and banking services to customers and for recovering the loans its placed on top.[6]
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Chaitanya Godavari Gramin Bank
Chaitanya Godavari Grameena Bank (CGGB) was formed on March 1, 2006, through the amalgamation of Chaitanya Grameena Bank and Godavari Grameena Bank. It is a Regional Rural Bank (RRB) sponsored by Union Bank of India. The bank's operations are focused on the rural areas of Andhra Pradesh, specifically the undivided districts of East Godavari, West Godavari, and Guntur.
Saptagiri Gramin Bank
Saptagiri Grameena Bank was established on July 1, 2006, through the merger of Sri Venkateswara Grameena Bank and Kanakadurga Grameena Bank. Its head office is in Chittoor, Andhra Pradesh. The bank operates in Chittoor, Annamayya, NTR, Eluru, Tirupati, and Krishna districts. It was formed by merging two regional rural banks and is sponsored by Indian Bank.
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