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]
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Native name | తెలంగాణ గ్రామీణ బ్యాంక్ |
|---|---|
| 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 | |
It functions under Regional Rural Banks' Act 1976 and is sponsored by State Bank of India.
History
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References
edit- 1 2 3 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.