Prathama U.P. Gramin Bank | |
Logo Alt: | ग्रामीण विकास हमारी प्रतिबद्धता |
Native Name: | प्रथमा यू.पी. ग्रामीण बैंक |
Native Name Lang: | hi |
Type: | Regional Rural Bank |
Founded: | by amalgamation of Prathama Bank and Sarva U.P. Gramin Bank |
Hq Location: | Moradabad, Uttar Pradesh |
Key People: | Sanjeev Bhardwaj (Chairman) |
Num Employees: | 4000+ (2024) |
Parent: | Ministry of Finance, Government of India |
Prathama UP Gramin Bank was created on 1 April 2019 by the amalgamation of two regional rural banks in Uttar Pradesh:[1]
The creation of Prathama UP Gramin Bank took place under Sub-Section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976).[2]
The bank has 950 branches around 19 districts of Uttar Pradesh; it will also have one branch in Haridwar District of Uttarakhand.[3] The bank is sponsored by the Punjab National Bank.
Previously PUPGB was Sarva UP Gramin Bank (SUPGB). SUPGB was created in 2013 by amalgamation of 4 RRBs viz. Uttar Pradesh Gramin Bank Meerut, Kisan Gramin Bank Budaun, Rani Laxmi Bai Kshetriya Gramin Bank Jhansi and Devipatan Kshetriya Gramin Bank Gonda under subsection (1) of section 23 A of Regional Rural Bank Act, 1976.
Prathama Bank[4] (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.