#1
12th February 2016, 11:03 AM
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Kerala Gramin Bank Merging
Hello, I want to know the details of the merger of the Kerala Gramin Bank. Will you please provide me?
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#2
12th February 2016, 11:04 AM
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Re: Kerala Gramin Bank Merging
Hello, here I am providing you the details of the amalgamation and formation of the Kerala Gramin Bank as under: About the bank: Kerala Gramin Bank is India’s largest Regional Rural Bank with more than ₹20,000 crore of business, headquartered at Malappuram in Kerala, India. The bank is jointly owned by Central and State Governments & sponsored by Canara Bank. About amalgamation: The bank was formed by amalgamating the two RRBs of Kerala namely South Malabar Gramin Bank and North Malabar Gramin Bank through a notification by the government of India. The head office of Kerala Gramin Bank is at Malappuram and the sponsor bank is Canara Bank. Kerala Gramin Bank is the largest Regional Rural Bank in the country with a total business of above Rs. 20,000 Crore and a network of 565 branches spread all over Kerala. The Bank has a well dedicated team of 3400 odd staff members. It is having dominant presence in all the 14 districts of Kerala State and is the only RRB in the State. Deposits: Current Account Savings Account Term Deposit Tax Saver Deposit Recurring Deposit Daily Deposits Loans: Home Loans Educational Loans Agricultural Loans Vehicle Loans Jewel Loans NRE Loans Other Loans Contact details: Kerala Gramin Bank PB No.10 Head Office KGB Towers AK Road, Uphill Malappuram, Kerala, India PIN. 676 505 0483 2734269, 2734925, 2735145, 2734903, 2734332 0483 2736987 kgbho@keralagbank.com |