Tamil Nadu Grama Bank

Tamil Nadu Grama Bank
Native name
தமிழ்நாடு கிராம வங்கி
Company typeRegional Rural Bank
IndustryBanking
Financial services
PredecessorPallavan Grama Bank
Pandyan Grama Bank
Founded1 April 2019 (2019-04-01)
Headquarters
6, Yercaud Salai, Hasthampatti, Salem,
Tamil Nadu, India
Number of locations
682 (2025)[1]
Area served
Tamil Nadu, India
Key people
Mani Subramanian
(Chairman)
Products
Revenue₹3,099.57 crore (US$370 million) (2024)[1]
₹775.71 crore (US$92 million) (2024)[1]
₹446.73 crore (US$53 million) (2024)[1]
Total assets ₹32,761.26 crore (US$3.9 billion) (2024)[1]
OwnerGovernment of India (50%)
Indian Bank (35%)
Government of Tamil Nadu (15%)
Number of employees
2700+ (2024)
ParentMinistry of Finance, Government of India
Websitetngb.bank.in

Tamil Nadu Grama Bank (TNGB) is a regional rural bank headquartered at Salem in Tamil Nadu, India. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India.[2][3]

According to Gazette Notification No. 363 dated 28 January 2019, the Government of India has amalgamated Pandyan Grama Bank sponsored by Indian Overseas Bank and Pallavan Grama Bank sponsored by Indian Bank into a single Regional Rural Bank named Tamil Nadu Grama Bank(TNGB). This new entity has come into existence from 1 April 2019 and the Bank is sponsored by Indian Bank, and its head office is located in Salem.[4]

Share holders

The paid-up capital is ₹46.96 crore, shared by the shareholders as below:

References

  1. ^ a b c d e "Tamil Nadu Grama Bank"https://tngb.bank.in .
  2. ^ "Home | Tamil Nadu Grama Bank". www.tngb.bank.in. Retrieved 15 November 2025.
  3. ^ "Tamil Nadu Grama Bank reports ₹185 cr profit in FY21". @businessline. Retrieved 5 August 2021.
  4. ^ "History | Tamil Nadu Grama Bank". www.tngb.bank.in. Retrieved 10 December 2025.
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