Bihar Gramin Bank

Bihar Gramin Bank
Native name
बिहार ग्रामीण बैंक
Company typeRegional rural bank
IndustryBanking
Financial services
PredecessorDakshin Bihar Gramin Bank
Uttar Bihar Gramin Bank
FoundedMay 1, 2025 (2025-05-01)
Headquarters,
Number of locations
2885 Branches (2025)
Area served
Bihar, India
Key people
Mukul Sahay
(Chairman)
Products
Services
  • Deposits & Accounts
  • Loans & Credits
  • Insurance & Govt. Schemes
  • Digital & Self-Service
  • Financial Inclusion
OwnerGovernment of India (50%)

Punjab National Bank (35%)

Government of Bihar (15%)
ParentMinistry of Finance, Government of India
Websitebgb.net.in

Bihar Gramin Bank is an Indian Regional rural bank (RRB) in the state of Bihar, India established on 1 May 2025[1][2] by the amalgamation of two RRBs namely Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank.[3] under The "One State, One RRB"[4] policy of government of India. The bank operates in all 38 districts of Bihar state and has 2885 branches as on 1 May 2025.[5] It is under the ownership of Ministry of Finance, Government of India[6]

It functions under Regional Rural Banks' Act 1976 and is sponsored[7] by Punjab National Bank.

History

Dakshin Bihar Gramin Bank

Dakshin Bihar Gramin Bank was an Indian Regional Rural Bank (RRB) in the state of Bihar, India. It was under the ownership of Ministry of Finance, Government of India. The bank was established on 2019 by amalgamation of two RRBs namely Madhya Bihar Gramin Bank and Bihar Gramin Bank. The bank was sponsored by Punjab National Bank. The Bank operates in 20 districts of Bihar. The Bank had 1078 branches.

Uttar Bihar Gramin Bank

Uttar Bihar Gramin Bank was a Regional Rural Bank (RRB) in the State of Bihar, India.[8] It was under the ownership of Ministry of Finance, Government of India. It was one of the largest regional rural banks in India in terms of branch network, staff strength and area of operation.[9][10]. It was established by the amalgamation of Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank. It was sponsored by Central Bank of India in the state of Bihar[8][11] and headquartered in Muzaffarpur.

On 1 May 2025 Uttar Bihar Gramin Bank was merged with Dakshin Bihar Gramin Bank to form Bihar Gramin Bank.[12]

See also

References

  1. ^ Govt of India Notification CG-DL-E-07042025-262329 dated 07 April 2025 issued by the Department of Financial Services
  2. ^ "Govt announces 'One State, One RRB' implementation from May 1, 2025".
  3. ^ "One State, One RRB: Regional Rural Banks Merger From May 1 --Check List Of 26 Banks To Be Merged". Zee news. 29 April 2025.
  4. ^ Livemint (8 April 2025). "'One state-one RRB' to be effective from May 1 after govt approves consolidation of 15 regional rural banks | Mint". mint.
  5. ^ "Bihar to Get Its Largest Rural Bank as North and South Gramin Banks Merge". Patna press. 9 April 2025.
  6. ^ https://static.pib.gov.in/WriteReadData/specificdocs/documents/2025/apr/doc202548536401.pdf
  7. ^ "North and South Bihar Gramin Banks to Merge into Bihar Gramin Bank from May 1, Becomes Largest Rural Bank in State". Patna Press. 4 April 2025. Retrieved 16 August 2025.
  8. ^ a b "State wise list of Regional Rural Banks" (PDF). Retrieved 19 September 2013.
  9. ^ "Central Bank of India and Wipro Sign 5 Year Strategic Partnership". Retrieved 19 September 2013.
  10. ^ Dr. N K Thingalaya. "Banking Spread: Gramin Banks versus Other Banks". Retrieved 19 September 2013.
  11. ^ "Central Bank of India" (PDF). Retrieved 19 September 2013.
  12. ^ Sharma, Reema (29 April 2025). "One State, One RRB: Regional Rural Banks Merger From May 1 --Check List Of 26 Banks To Be Merged". Zee news.