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Madhya Bharat Gramin Bank (A joint venture of Govt. of India, State Bank of India & State Govt. of Madhya Pradesh)
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| Administrative Structure
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About us : Madhya Bharat Gramin Bank is established on 30.06.2006 by amalgamation of 3 Regional Rural Banks sponsored by State Bank of India namely Damoh Panna Sagar Kshetriya Gramin Bank, Shivpuri Guna Kshetriya Gramin Bank & Bundelkhand Kshetriya Gramin Bank under the notification issued by Govt. of India (Ministry of Finance). These amalgamated RRBs were joint venture company established under Regional Rural Bank Act 1976 (23 of 1976). The capital structure comprised of Govt. of India (50%), State Bank of India (35%) & State Government of Madhya Pradesh (15%). The Head office of the bank is at Sagar (M.P.). The Bank is serving rural masses through its 221 branches covering 8 districts of state of Madhya Pradesh namely Sagar, Damoh, Panna, Shivpuri, Guna, Ashoknagar, Tikamgarh & Chhatarpur. Our Mission : Our mission is "Prosperous Rural India". We are catering banking services to rural people for their financial upliftment. We support marginal & small farmers, artisans, self employed & small trader to carry on their activities by the way of providing finances. | |
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