Gujarat Gramin Bank
Native nameગુજરાત ગ્રામીણ બેંક
Predecessor
  • Baroda Gujarat Gramin Bank
  • Saurashtra Gramin Bank
FoundedMay 1, 2025 (age 1)
Hq location cityVadodara, Gujarat
Hq location countryIndia
Area servedGujarat
Key peopleMr. Yogesh Agrawal (Chairman)
IndustryFinancial
Regional Rural Banks
Products
Services
OwnerGovernment of India (50%) Government of Gujarat (15%) Bank of Baroda (35%)
Num locations744 Branches
ParentMinistry of Finance, Government of India
Website

The Gujarat Gramin Bank[1] (Gujarati: ગુજરાત ગ્રામીણ બેંક) is an Indian Regional Rural Bank (RRB) in Gujarat established on 1 May 2025.[2][3] The bank was formed by the amalgamation of Baroda Gujarat Bank and Saurashtra Gramin Bank under The "One State, One RRB"[4] policy of government. It currently has 744 branches in rural areas of Gujarat.

It functions under Regional Rural Banks' Act 1976 and is sponsored by Bank of Baroda.

See also

References

  1. ^ DeshGujarat (8 April 2025). "Gujarat Gramin Bank to come up through merger of Baroda Gujarat Gramin Bank and Saurashtra Gramin Bank; DeshGujarat". DeshGujarat
  2. ^ Govt of India Notification CG-DL-E-07042025-262329 dated 07 April 2025 issued by the Department of Financial Services
  3. ^ "Govt announces 'One State, One RRB' implementation from May 1, 2025". Business Standard. 2025-04-08.
  4. ^ Livemint (8 April 2025). "'One state-one RRB' to be effective from May 1 after govt approves consolidation of 15 regional rural banks | Mint". mint