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  • Know Your Bank

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    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(Undivided districts)

    • 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

    774

    Staff

    3386 willing, young, energetic, empathetic cadre, man these branches as on 31/10/2019.

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