These RRBs will be merged into a single unit in accordance with the powers conferred under Section 23A(1) of the Regional Rural Banks Act, 1976.
The One State, One RRB policy has come into force in the country from May 1, 2025, which was approved by the Central Government last year. The Ministry of Finance had issued a notification regarding the integration of 15 Regional Rural Banks in 11 states. This is the fourth phase of integration of Regional Rural Banks, after which the number of RRBs has now come down from 43 to 28. According to the notification of the Ministry of Finance, Regional Rural Banks present in 11 states of the country – Andhra Pradesh, Uttar Pradesh, West Bengal, Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan have been merged into one unit.
Baroda UP Bank, Aryavart Bank and Prathama UP. Gramin Banks will become UP Gramin Banks from today
These RRBs will be merged into a single unit as per the powers conferred under Section 23A (1) of the Regional Rural Banks Act, 1976. In this connection, Chaitanya Godavari Gramin Bank, Andhra Pragati Gramin Bank, Saptagiri Gramin Bank and Andhra Pradesh Gramin Vikas Bank sponsored by Union Bank of India, Canara Bank, Indian Bank and State Bank of India have been merged to form Andhra Pradesh Gramin Bank. 3 RRBs each in Uttar Pradesh and West Bengal are also being merged into a single unit. Baroda UP Bank, Aryavart Bank and Prathama UP Gramin Bank in Uttar Pradesh have been merged into a unit called Uttar Pradesh Gramin Bank, which will be headquartered in Lucknow under the sponsorship of Bank of Baroda.
Bihar Gramin Bank will be headquartered in Patna
Bangiya Gramin Vikas, West Bengal Gramin Bank and Uttarbang Regional Rural Bank operating in West Bengal have been merged into West Bengal Gramin Bank. Apart from this, 2 RRBs each have been merged in 8 states of the country – Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan. South Bihar Gramin Bank and North Bihar Gramin Bank have been merged to form Bihar Gramin Bank, whose headquarters will be in Patna. In Gujarat, Baroda Gujarat Gramin Bank and Saurashtra Gramin Bank have been merged to form Gujarat Gramin Bank. According to the notification, all regional rural banks will have an authorized capital of Rs 2000 crore.
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