Grameen Banks or Regional Rural Banks (RRB) as they are also known were established to serve the banking needs in the underserved rural areas. The amendments to the Banking Regulation Act, 1949 brought regional rural banks under the jurisdiction of the Reserve Bank of India. Regional Rural Banks were set up under the Regional Rural Banks Act, 1976 for the development of rural economy. The key objective was to provide credit and banking facilities to small farmers, labourers, and small entrepreneurs. They also participate in government schemes for social upliftment such as poverty alleviation.
The equity of the RRBs was contributed by the Central Government, concerned State Government and the sponsor bank in the proportion of 50:15:35. In 2009, there were 86 Regional Rural Banks with 15,107 branches. Capital to Risk-Weighted Assets Ratio (CRAR) norms of RBI are not applicable to Grameen Banks. However, the income recognition, asset classification and provisioning norms for RRBs are similar to those of commercial banks.
The objectives of the Grameen Bank are;
- Eliminating exploitation of the rural poor by moneylenders.
- Facilitating self-employment projects for unemployed rural people.
- Making women self-reliant by providing them opportunities through Grameen Bank
- To reverse the vicious cycle of low income, low saving & low investment, into a new cycle of more credit, more investment, more income.
S. No | Name of RRB | Name of Sponsor Bank | State | Website of the bank |
1 | ANDHRA PRAGATHI GRAMEENA BANK |
SYNDICATE BANK |
ANDHRA PRADESH | www.apgbank.com |
2 | ANDHRA PRADESH GRAMEENA VIKAS BANK |
STATE BANK OF INDIA |
ANDHRA PRADESH | www.apgvbank.in |
3 | CHAITANYA GODAVARI GRAMEENA BANK |
ANDHRA BANK |
ANDHRA PRADESH (5) | www.chaitanyaabank.in |
4 | DECCAN GRAMEENA BANK |
STATE BANK OF HYDERABAD |
ANDHRA PRADESH | www.dgbhyd.com |
5 | SAPTAGIRI GRAMEENA BANK |
INDIAN BANK |
ANDHRA PRADESH | www.saptagirigrameenabank.in |
6 | ARUNACHAL PRADESH RURAL BANK |
STATE BANK OF INDIA |
ARUNACHAL PRADESH |
www.apruralbank.com |
7 | LANGPI DEHANGI RURAL BANK |
STATE BANK OF INDIA |
ASSAM | www.ldrbank.org |
8 | ASSAM GRAMIN VIKASH BANK |
UNITED BANK OF INDIA |
ASSAM | www.agvbank.co.in |
9 | UTTAR BIHAR GRAMIN BANK |
CENTRAL BANK OF INDIA |
BIHAR |
www.ugb.in |
10 | MADHYA BIHAR GRAMIN BANK | PUNJAB NATIONAL BANK |
BIHAR | www.mbgpatna.com |
11 | SAMASTIPUR KSHETRIYA GRAMIN BANK | STATE BANK OF INDIA |
BIHAR | www.skgbank.co.in |
12 | BIHAR KSHETRIYA GRAMIN BANK |
UCO BANK |
BIHAR | www.bkgbank.in |
13 | SURGUJA KSHETRIYA GRAMIN BANK |
CENTRAL BANK OF INDIA |
CHATTIS-GARH |
www.surgujakgb.co.in |
14 | DURG RAJNANDGAON GRAMIN BANK |
DENA BANK |
CHATTIS-GARH | www.drgb.org |
15 | CHHATTISGARH GRAMIN BANK |
STATE BANK OF INDIA |
CHATTIS-GARH | http://www.cgbank.in/ |
16 | BARODA GUJARAT GRAMIN BANK |
BANK OF BARODA |
GUJARAT |
www.bggb.in |
17 | DENA GUJARAT GRAMIN BANK |
DENA BANK |
GUJURAT | www.dggb.co.in |
18 | SAURASHTRA GRAMIN BANK |
STATE BANK OF INDIA |
GUJARAT | www.sgbrrb.org |
19 | HARYANA GRAMIN BANK |
PUNJAB NATIONAL BANK |
HARYANA | www.hgb.co.in |
20 | GURGAON GRAMIN BANK |
SYNDICATE BANK |
HARYANA | www.ggbank.org |
21 | HIMACHAL GRAMIN BANK |
PUNJAB NATIONAL BANK |
HIMACHAL PRADESH | www.himachalbank.org |
22 | PARVATIYA GRAMIN BANK CHAMBA |
STATE BANK OF INDIA |
HIMACHAL PRADESH | www.pgbchamba.com |
23 | ELLAQUAI DEHATI BANK |
STATE BANK OF INDIA |
JAMMU & KASHMIR | www.edb.org.in |
24 | J&K GRAMEEN BANK |
J&K BANK LTD |
JAMMU & KASHMIR | www.jkgb.in |
25 | JHARKHAND GRAMIN BANK |
BANK OF INDIA |
JHARKHAND | www.jharkhandbank.com |
26 | VANANCHAL GRAMIN BANK |
STATE BANK OF INDIA |
JHARKHAND | www.vananchalbank.com |
27 | PRAGATHI GRAMIN BANK |
CANARA BANK |
KARNATAKA |
www.pragathibank.com |
28 | CHIKMAGALUR KODAGU GRAMEENA BANK |
CORPORATION BANK |
KARNATAKA |
www.chikobank.com |
29 | KRISHNA GRAMEENA BANK |
STATE BANK OF INDIA |
KARNATAKA |
www.krishnabank.com |
30 | CAUVERY KALPATHARU GRAMEENA BANK |
STATE BANK OF MYSORE |
KARNATAKA |
www.ckgbank.com |
31 | KARNATAKA VIKAS GRAMEENA BANK |
SYNDICATE BANK |
KARNATAKA |
www.kvgbank.com |
32 | VISVESHVARAYA GRAMEENA BANK |
VIJAYA BANK |
KARNATAKA |
www.vgbank.in |
33 | SOUTH MALABAR GRAMIN BANK |
CANARA BANK |
KERALA | www.smgbank.com |
34 | NORTH MALABAR GRAMIN BANK |
SYNDICATE BANK |
KERALA | www.nmgbank.com |
35 | JHABUA-DHAR KSHETRIYA GRAMIN BANK |
BANK OF BARODA |
MADHYA PRADESH |
www.bankofbaroda.com |
36 | MADHYA BHARATH GRAMIN BANK |
STATE BANK OF INDIA |
MADHYA PRADESH |
www.mbgbank.co.in |
37 | MAHAKAUSHAL KSHETRIYA GRAMIN BANK |
UCO BANK |
MADHYA PRADESH |
www.mkgbank.com |
38 | NARMADA-MALWA GRAMIN BANK |
BANK OF INDIA |
MADHYA PRADESH |
www.nmgb.in |
39 | REWA-SIDHI GRAMIN BANK |
UNION BANK OF INDIA |
MADHYA PRADESH |
www.rsgbrewa.com |
40 | SATPURA NARMADA KSHETRIYA GRAMIN BANK |
CENTRAL BANK OF INDIA |
MADHYA PRADESH |
www.snkgb.co.in |
41 | SHARDA GRAMIN BANK |
ALLAHABAD BANK |
MADHYA PRADESH (8) |
www.shardagraminban.com |
42 | VIDISHA-BHOPAL KSHETRIYA GRAMIN BANK |
STATE BANK OF INDORE |
MADHYA PRADESH |
www.vbrrb.org |
43 | MAHARASHTRA GRAMIN BANK |
BANK OF MAHARASHTRA |
MAHARASHTRA(3) |
www.mahagramin.in |
44 | VIDARBHA KSHETRIYA GRAMIN BANK |
CENTRAL BANK OF INDIA |
MAHARASHTRA | www.vkgbakola.org |
45 | WAINGANGA KRISHNA GRAMIN BANK |
BANK OF MAHARASHTRA |
MAHARASHTRA |
www.wkgb.co.in |
46 | MANIPUR RURAL BANK |
UNITED BANK OF INDIA |
MANIPUR (1) |
|
47 | MEGHALAYA RURAL BANK |
STATE BANK OF INDIA |
MEGHALAYA | http://meghalayabank.co.in/ |
48 | MIZORAM RURAL BANK |
STATE BANK OF INDIA |
MIZORAM | http://www.mizorambank.com/ |
49 | NAGALAND RURAL BANK |
STATE BANK OF INDIA |
NAGALAND |
|
50 | BAITARANI GRAMYA BANK |
BANK OF INDIA |
ORISSA |
www.baitaranigramyabank.com |
51 | KALINGA GRAMYA BANK |
UCO BANK |
ORISSA |
www.kalingagramyabank.com |
52 | NEELACHAL GRAMYA BANK |
INDIAN OVERSEAS BANK |
ORISSA |
www.neelachalbank.com |
53 | RUSHIKULYA GRAMYA BANK |
ANDHRA BANK |
ORISSA (5) |
www.rgb.net.in |
54 | UTKAL GRAMYA BANK |
STATE BANK OF INDIA |
ORISSA |
www.ugb.co.in |
55 | PUDUVAI BHARATHIAR GRAMA BANK |
INDIAN BANK |
PUDUCHERRY(1) |
www.puduvaibharath.in |
56 | SUTLEJ GRAMIN BANK |
PUNJAB & SIND BANK |
www.psbindia.com/rrb/ | |
57 | MALWA GRAMIN BANK |
STATE BANK OF PATIALA |
PUNJAB |
www.malwagramin.com |
58 | PUNJAB GRAMIN BANK |
PUNJAB NATIONAL BANK |
PUNJAB |
www.pgbho.com |
59 | BARODA RAJASTHAN GRAMIN BANK |
BANK OF BARODA |
RAJASTHAN (6) |
www.brgb.co.in |
60 | HADOTI KSHETRIYA GRAMIN BANK |
CENTRAL BANK OF INDIA |
RAJASTHAN |
www.hkgbkota.com |
61 | JAIPUR THAR GRAMIN BANK |
UCO BANK |
RAJASTHAN |
www.jaipurtharbank.in |
62 | MEWAR ANCH GRAMIN BANK |
BANK OF RAJASTHAN |
RAJASTHAN |
http://www.mewarbank.com |
63 | MGB GRAMIN BANK |
STATE BANK OF BIKANER & JAIPUR |
RAJASTHAN |
www.mgbbank.com |
64 | RAJASTHAN GRAMIN BANK |
PUNJAB NATIONAL BANK |
RAJASTHAN |
www.rajasthangraminbank.org |
65 | PALLAVAN GRAMA BANK |
INDIAN BANK |
TAMIL NADU (2) |
www.pallavangrama.in |
66 | PANDYAN GRAMIN BANK |
INDIAN OVERSEAS BANK |
TAMIL NADU |
www.pandyangramabank.in |
67 | TRIPURA GRAMIN BANK |
UNITED BANK OF INDIA |
TRIPURA (1) |
www.tripuragraminbank.org |
68 | ARYAVART GRAMIN BANK |
BANK OF INDIA |
UTTAR PRADESH |
www.aryavart-rrb.com |
69 | BALLIA-ETAWAH GRAMIN BANK |
CENTRAL BANK OF INDIA |
UTTAR PRADESH |
www.bkgb.in |
70 | BARODA UP GRAMIN BANK |
BANK OF BARODA |
UTTAR PRADESH |
www.barodagrambank.com |
71 | KASHI GOMTI SAMYUT GRAMIN BANK |
UNION BANK OF INDIA |
UTTAR PRADESH |
www.kgsbbank.co.in |
72 | KSHETRIYA KISAN GRAMIN BANK |
UP STATE COOP. BANK |
UTTAR PRADESH |
|
73 | LUCKNOW KSHETRIYA GRAMIN BANK |
ALLAHABAD BANK |
UTTAR PRADESH (12) |
www.lkgb. in |
74 | PRATHAMA BANK |
SYNDICATE BANK |
UTTAR PRADESH |
www.prathmabank.org |
75 | PURVANCHAL GRAMIN BANK |
STATE BANK OF INDIA |
UTTAR PRADESH |
www.pgbgorakhpur.com |
76 | SARVA UP GRAMIN BANK |
PUNJAB NATIONAL BANK |
UTTAR PRADESH |
www.upgb.com |
77 | SHREYAS GRAMIN BANK |
CANARA BANK |
UTTAR PRADESH |
www.shreyasbank.com |
78 | TRIVENI KSHETRIYA GRAMIN BANK |
ALLAHABAD BANK |
UTTAR PRADESH |
|
79 | NAINITAL-ALMORA KSHETRIYA GRAMIN BANK |
BANK OF BARODA |
UTTARAKHAND(2) |
www.nakgb.com |
80 | UTTARANCHAL GRAMIN BANK |
STATE BANK OF INDIA |
UTTARAKHAND |
www.uttar- anchalbank.in |
81 | UTTARBANGA KSHETRIYA GRAMIN BANK |
CENTRAL BANK OF INDIA |
WEST BENGAL(3) |
www.uttarbangakbank.com |
82 | BANGIYA GRAMIN VIKASH BANK |
UNITED BANK OF INDIA |
WEST BENGAL |
www.bgvb.co.in |
83 | PASCHIM BANGA GRAMIN BANK |
UCO BANK |
WEST BENGAL |
www.paschimbangbank.com |