Telangana Grameena Bank
Native name | తెలంగాణ గ్రామీణ బ్యాంక్ |
|---|---|
| Company type | Regional Rural Bank |
| Industry | Financial Regional Rural Banks |
| Founded | January 1, 2025 |
| Headquarters | , |
Number of locations | 936 Branches |
Area served | Telangana |
Key people | Shi K Prathapa Reddy (Chairman) |
| Products | |
| Services | |
| Owner | Government of India (50%)
Government of Telangana (15%) State Bank of India (35%) |
| Parent | Ministry of Finance, Government of India |
| Website | |
The Telangana Grameena Bank (TGB) is an Indian Regional Rural Bank (RRB) in Telangana.[1] The bank was established on January 1, 2025[2][3] The bank was formed by the amalgamation of Telangana Grameena Bank and the branches of Andhra Pradesh Grameena Vikas Bank (APGVB) in Telangana under The "One State, One RRB"[4] policy of government which aims to consolidate Regional Rural Banks (RRBs) within each state, resulting in a single RRB per state. This policy, effective from May 1, 2025, is designed to improve efficiency, reduce operational costs, and strengthen rural banking services.[5]
It functions under Regional Rural Banks' Act 1976 and is sponsored by State Bank of India.
History
The recent amalgamation involves merging the branches of Andhra Pradesh Grameena Vikas Bank (APGVB) in Telangana with Telangana Grameena Bank (TGB), effective January 1, 2025.[1]
Branches and coverage
The bank operates in multiple districts of Telangana, with its head office located at Hyderabad.[1]
See also
References
- ^ a b c Telangana Grameena Bank. "Telangana Grameena Bank Official Website". www.tgb.bank.in. Retrieved 12 September 2025.
- ^ Govt of India Notification CG-DL-E-07042025-262329 dated 07 April 2025 issued by the Department of Financial Services
- ^ "Govt announces 'One State, One RRB' implementation from May 1, 2025".
- ^ https://www.livemint.com/economy/one-state-one-rrb-to-be-effective-from-may-1-after-govt-approves-consolidation-of-15-regional-rural-banks-11744118507326.html
- ^ BS. "One State One RRB / RRB | One State, One RRB / RRB". www.business-standard.com. Retrieved 28 May 2025.