Bangiya Gramin Vikash Bank Explained

Bangiya Gramin Vikash Bank
Type:Regional Rural Bank
Industry:Banking, financial services
Location City:Berhampore, Murshidabad, West Bengal
Location Country:India
Area Served:West Bengal
Key People:Shri Alok Kumar Goel
(Chairman)
Products:Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management
Owner:Government of India (50%) Government of West Bengal (15%) Punjab National Bank (35%)
Parent:Ministry of Finance, Government of India

Bangiya Gramin Vikash Bank (BGVB) is an Indian Regional Rural Bank established as a Gramin bank in terms of provisions of Regional Rural Banks Act 1976. It is under the ownership of Ministry of Finance, Government of India.[1] [2] [3]

The Bank operates in 12 districts (after creation of Jhargram District) of West Bengal State with its Head Office at Baharampur, Murshidabad, West Bengal. It has 587 Branches within its commanding area.[4]

History

BGVB was established with the amalgamation of Mallabhum Gramin Bank, Gaur Gramin Bank, Murshidabad Gramin Bank, Nadia Gramin Bank and Sagar Gramin Bank in 2007.[5]

Area of operations

The Bank is operating in 12 districts of West Bengal State. They are:

See also

Notes and References

  1. Web site: BGVB About Us Page . 8 May 2022 . bgvb.in.
  2. Web site: 2016-01-22 . Bangiya Gramin Vikash Bank jobs 2016: Check provisionally allotted candidates' list . 2022-05-08 . The Indian Express . en.
  3. News: IBPS RRB Clerk Mains 2020-21 Result: State-wise Cut Off Declared @ibps.in . Jagranjosh.com . 3 March 2021.
  4. Web site: Official website. bgvb.in. 20 December 2018.
  5. Web site: Five RRBs in Bengal amalgamate to become Bangiya Gramin Vikash Bank. 17 March 2007. Oneindia.com. 20 December 2018.