Uttar Bihar Gramin Bank Explained

Uttar Bihar Gramin Bank
Type:Regional Rural Bank
Location City:Muzaffarpur
Location Country:India
Area Served:Araria, Darbhanga, East Champaran, Gopalganj, Katihar, Kishanganj, Madhepura, Madhubani, Muzaffarpur, Purnea, Saharsa, Saran, Sheohar, Sitamarhi, Siwan, Supaul, West Champaran and Vaishali districts.
Owner:Government of India (50%) Government of Bihar (15%) Central Bank of India (35%)
Parent:Ministry of Finance, Government of India

Uttar Bihar Gramin Bank is a regional rural bank (RRB) in the State of Bihar, India.[1] It is under the ownership of Ministry of Finance, Government of India. It is one of the largest regional rural banks in India in terms of branch network, staff strength and area of operation.[2] [3]

The bank was created from the amalgamation of Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank(transferor regional rural banks) by Government of India in 1976 as per Gazette Notification issued by the Indian Ministry of Finance under Sub-Section (1) of Section 23 A of the Regional Rural Bank Act, 1976 (21 of 1976).[4] It is sponsored by Central Bank of India in the state of Bihar as a single regional rural bank.[1] [5] The bank is headquartered in Muzaffarpur.[6] [7]

The current Chairman is Shri Sohail Ahmad. The first ever woman to be designated as Regional manager of Madhubani is Shweta Kumari from Muzaffarpur Bihar. She has been the first lady RM since 1976.http://www.ubgb.in/executive.aspx

Regional office

The bank has 14 regional offices.[8]

Areas of operation

The Uttar Gramin Regional Bank functions through a network of 1032 branches in 18 districts in the State of Bihar.[9] [10]

Uttar Bihar Gramin Bank: IFSC:CBIN0R10001[11]

Award

The bank was awarded for the best performance in banking linkage of self-help groups (SHGs) in the Regional Rural category, at the state credit seminar organized by National Bank for Agriculture and Rural Development (Nabard).[12]

Recruitment

Bank recruits officials through the common written examination (CWE) hosted by Institute of Banking Personal Selection (IBPS) every year.[13]

See also

External links

Notes and References

  1. Web site: State wise list of Regional Rural Banks. 19 September 2013.
  2. Web site: Central Bank of India and Wipro Sign 5 Year Strategic Partnership . 2013-09-19.
  3. Web site: Banking Spread: Gramin Banks versus Other Banks . 2013-09-19 . Dr. N K Thingalaya.
  4. Web site: Uttar Bihar Gramin Bank . 16 August 2023.
  5. Web site: Central Bank of India . 2013-09-19.
  6. Web site: Uttar Bihar Gramin Bank Facts: Uttar Bihar Gramin Bank is a Gramin Bank and its Headquarters is situated in Muzzafarpur. 19 September 2013.
  7. Web site: Uttar Bihar Gramin Bank . 16 August 2023.
  8. Web site: 27 September 2023 . Uttar Bihar Gramin Bank (UBGB) Regional Manager Contacts and Offices . 29 September 2023.
  9. Web site: Financial inclusion plan for 40 banks . https://web.archive.org/web/20130921060150/http://www.telegraphindia.com/1110914/jsp/bihar/story_14503446.jsp . dead . 21 September 2013 . 2013-09-19.
  10. Web site: Central Bank of India and Wipro Sign 5 Year Strategic Partnership . 2013-09-19.
  11. Web site: 2023-10-06 . Uttar Bihar Gramin Bank IFSC Code . 2023-10-12.
  12. Web site: Nabard puts Bihar's credit potential in priority sector at Rs 40,829 crore . https://web.archive.org/web/20130921060826/http://articles.timesofindia.indiatimes.com/2013-02-10/patna/37019762_1_priority-sector-state-credit-seminar-nabard . dead . 2013-09-21 . 2013-09-19 . . Vithika Salomi.
  13. Web site: Common Written Examination . 2013-09-19.

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