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The Aryavart Bank (AB) is an Indian Regional Rural Bank (RRB) in Uttar Pradesh established on 1 April 2019. The bank was formed by the amalgamation of Gramin Bank of Aryavart and Allahabad UP Gramin Bank. It currently has 1365 branches and 22 regional offices in rural areas of Uttar Pradesh.
Following is list of regional rural banks in Uttar Pradesh [1],: [2] S.No. Name. Head Office. Sponsor Bank. Area of Operations. Ref. 1. Aryavart Bank.
Regional Rural Banks (RRBs) Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State Government in the ratio of 50:35:15 respectively.
Merged with the Madras Bank, The Carnatic Bank, and the Asiatic Bank to form the Bank of Madras in 1843: Madras Presidency: 4: The Asiatic Bank: 1804: 1843: Merged with the Madras Bank, The Carnatic Bank, and the British Bank of Madras to form the Bank of Madras in 1843: Madras Presidency: 5: Bank of Calcutta: 1806: 1921
Government of India (50%) Government of West Bengal (15%) Punjab National Bank (35%) Parent. Ministry of Finance, Government of India. Website. bgvb .in. Bangiya Gramin Vikash Bank ( BGVB) is an Indian Regional Rural Bank established as a Gramin bank in terms of provisions of Regional Rural Banks Act 1976. It is under the ownership of Ministry ...
And online banks are just as safe as brick-and-mortar banks. 1. Competitive rates. Online banks are able to pay competitive interest rates because they aren’t running a network of branches. They ...