Paschim Banga Gramin Bank

Paschim Banga Gramin Bank
Public
Industry Banking, Financial services
Founded 2007
Headquarters Howrah, India
Area served
 West Bengal
Key people
 Sri P.Mitra
(Chairman )
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Website www.paschimbangagraminbank.com

Paschim Banga Gramin Bank (PBGB)[1] is a Regional Rural Bank established on 26 February 2007[2] in exercise of the powers conferred by Sub-section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976). The Bank is established by the amalgamation of Howrah Gramin Bank, Bardhaman Gramin Bank and Mayurakshi Gramin Bank.

This bank is sponsored by UCO Bank & Owned by Govt. of India, Govt. of West Bengal and UCO Bank . The shareholders of the Bank are Govt. of India (50%), UCO Bank (35%) and Govt. of West Bengal (15%). The bank's head office is located at Tikiapara, Howrah.

In the 2013-14 financial year, the bank made a net profit of Rs 20.12 Crore.[3]

Bank structure

The Bank is operating in four districts of West Bengal State, namely, Howrah, Hooghly, Burdwan and Birbhum, with its Head Office at Howrah, West Bengal.

It has 230 Branches and 4 Regional Offices. The Regional Offices are :

Area of operations

The Bank is operating in 4 districts of West Bengal State. They are :

Board of Directors

See also

References

  1. ↑ "PBGB Website".
  2. ↑ Government of India, Notification No.1/4/2006 – RRB dated 26 February 2007 (Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhii)
  3. ↑ "PBGB Balance Sheet 2014" (PDF).
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