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Know Your Bank

Know your Bank

Formation

By amalgamation, on the 31st March 2006, of the following 5 banks, sponsored by SBI, to participate more energetically, with synergy, in the uplift and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts.

  • Sri Visakha Grameena Bank:
    Established on 30.09.1976
  • Nagarjuna Grameena Bank:
    Established on 30.04.1976
  • Sangameswara Grameena Bank:
    Established on 31.03.1982
  • Manjira Grameena Bank:
    Established on 31.03.1982
  • Kakathiya Grameena Bank:
    Established on 28.06.1982

Districts Covered

Eight

  • Mahabubnagar (Population: 35.09 Lakhs)
  • Nalgonda (Population: 32.43 Lakhs)
  • Medak (Population: 26.70 Lakhs
  • Warangal (Population: 32.46 Lakhs)
  • Khammam (Population: 25.65 Lakhs)
  • Visakhapatnam (Population: 38.32 Lakhs)
  • Vizianagaram (Population: 22.45 Lakhs)
  • Srikakulam (Population: 25.38 Lakhs)

Headquarters

Warangal, Telangana State

Ownership

Government of India :50%
Government of Andhra Pradesh :15%
State Bank of India :35%

Number of Branches

755

Staff

3061 willing, young, energetic, empathetic cadre, man these branches as on 30/06/2016.

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