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  #2  
25th July 2015, 12:12 PM
Super Moderator
 
Join Date: Apr 2013
Re: History of Allahabad Gramin Bank

Allahabad Gramin Bank was created under Gazette Notification of 2 March 2010and 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) and it is sponsored by Allahabad Bank.

The operational area of the Bank is surrounded by Dist Lucknow, Barabanki, Gonda, Hardoi, Shahjahanpur, Pilibhit, Fatehpur, Kanpur (Dehat), Jhansi, Allahabad, Sant Ravidash Nagar, Varanasi, Chandauli, Etawa, Auraiya of UP and other states i.e. Madhya Pradesh, Chattisgarh, Jharkhand, Bihar and to its north by Nepal.

Board of Directors
Sri Sudhanshu Gaur
(Chairman)

Shri Subhash Agrawal
Nominee Director of RBI

Shri Raghuraj Sharma
Nominee of Government of India

Mr. B. Raghunath
Nominee Director of NABARD
Shri A.K.Srivastava
Nominee Director of Sponsor Ban)

Sri Ramkrishna
Nominee of DIF

Shri Pramod Kumar
Director Nominee of DIF

Sri L.V.Prabhakar
Nominee Director of Sponsor Bank

Contact detail;
Allahabad UP Gramin Bank
Ait, Uttar Pradesh 285201

Map:
[MAP]Allahabad UP Gramin Bank[/MAP]
  #3  
25th December 2015, 01:58 PM
Unregistered
Guest
 
Re: History of Allahabad Gramin Bank

hi sir, I wants to know the history of the Allahbad gramin bank ? please tell me in brief about the History of the Allahabad Gramin Bank?
  #4  
25th December 2015, 01:58 PM
Super Moderator
 
Join Date: Apr 2013
Re: History of Allahabad Gramin Bank

As you asking about the Allahabad Gramin Bank let me tell you that the Allahabad UP Gramin Bank, Sponsored by Allahabad Bank came into its existence after the amalgamation of 2 RRBs viz Lucknow Kshetriya Gramin Bank, Sitapur & Triveni Kshetriya Gramin Bank ,Orai through a Gazette Notification dated 2nd March 2010 issued by Govt. of India, Ministry of Finance in exercise of the powers conferred by Sub-Section (1) of Section 23 A of the Regional Rural Bank Act, 1976 (21 of 1976) with its Head Office at Banda.

Allahabad UP Gramin Bank is a schedule bank and is included in the list of Bank published by RBI in its second schedule. The ownership of the Bank is vested with Central Government (50%), Allahabad Bank (35%) & Govt. of Uttar Pradesh (15%).


The Bank is having a business of over Rs.7000 crore as on date of amalgamation with a large network of 494 branches & 4 extension counters spread over 11 districts of Uttar Pradesh viz Sitapur, Bahraich, Shrawasti, Lakhimpur, Banda, Hamirpur, Jalaun, Chitrakoot, Mirzapur, Sonabhadra and Mahoba



xisting Interest Rate p.a. (%)01.10.2015 Revised Interest Rate p.a. (%) (w.e.f. 05.11.2015)

Tenor For below Rs.1.00 cr For below Rs.1.00 cr
7 days to 14 days 5 5
15 days to 29 days 5.5 5.5
30 days to 45 days 6.5 6.5
46 days to 60 days 6.75 6.5
61 days to 90 days 7 6.75
91 days to 179 days 7.5 7
180 days to 269 days 7.75 7.5
270 days to 364 days 7.75 7.5
1 year to less than 2 years 8 7.75
2 years to less than 3 years 8 7.75
3 years to less than 5 years 8 7.5
5 years and up to 10 years 8 7.5
  #5  
20th February 2016, 03:38 PM
Unregistered
Guest
 
Re: History of Allahabad Gramin Bank

Please provide me a brief history of the Allahabad Gramin Bank as I would like to know more about the rural bank as I am working on a project for the various rural banks in India?
  #6  
20th February 2016, 03:39 PM
Super Moderator
 
Join Date: May 2012
Re: History of Allahabad Gramin Bank

Allahabad UP Gramin Bank, is sponsored by Allahabad Bank which came into existence after the amalgamation of two RRBs viz Lucknow Kshetriya Gramin Bank, Sitapur & Triveni Kshetriya Gramin Bank ,Orai through a Gazette Notification dated 2nd March 2010 issued by Govt. of India, Ministry of Finance in exercise of the powers conferred by Sub-Section (1) of Section 23 A of the Regional Rural Bank Act, 1976 (21 of 1976) with its Head Office at Banda.

Allahabad UP Gramin Bank is a schedule bank and is integrated in the list of Bank published by RBI in its second schedule. The ownership of the Bank is in the hands of Central Government (50%), Allahabad Bank (35%) & Govt. of Uttar Pradesh (15%).

The Bank is having a business of over Rs.7000 crore as on date of amalgamation with a huge network of 494 branches & 4 extension counters spread over eleven districts of Uttar Pradesh which are Sitapur, Bahraich, Shrawasti, Lakhimpur, Banda, Hamirpur, Jalaun, Chitrakoot, Mirzapur, Sonabhadra and Mahoba.

The operational area of the Bank is bordered by Dist Lucknow, Barabanki, Gonda, Hardoi, Shahjahanpur, Pilibhit, Fatehpur, Kanpur (Dehat), Jhansi, Allahabad, Sant Ravidash Nagar, Varanasi, Chandauli, Etawa, Auraiya of UP and other states of India i.e. Madhya Pradesh, Chattisgarh, Jharkhand, Bihar and to its north by Nepal.

Branches

1. Bahraich
2. Sravasti
3. Banda
4. Chitrakoot
5. Mahoba
6. Lakhimpur-Kheri
7. Mirzapur
8. Sonabhadra
9. Orai-Jalaun
10. Hamirpur
11. Sitapur


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