https://indianpedia.org/index.php?action=history&feed=atom&title=Andhra_Pragathi_Grameena_BankAndhra Pragathi Grameena Bank - Revision history2026-07-31T15:55:06ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Andhra_Pragathi_Grameena_Bank&diff=406360&oldid=prevCleanupBot II at 18:04, 13 August 20232023-08-13T18:04:53Z<p></p>
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{{Infobox company<br />
| name = Andhra Pragathi Grameena Bank<br />
| logo = Andhra Pragathi Grameena Bank Logo.jpg<br />
| caption = <br />
| type = [[Government of India|Government owned]], sponsored by [[Canara Bank]]<br />
| traded_as = <br />
| genre = <!-- Only used with media and publishing companies -->|<br />
| predecessor = <br />
| successor = <br />
| foundation = {{Start date|df=yes|2006|06|01}}<br />
| founder = <br />
| defunct = <!-- {{End date|df=yes|YYYY|MM|DD}} --><br />
| location_city = Kadapa<br />
| location_country = India<br />
| locations = <br />
| area_served = [[Kadapa district|Kadapa]] [[Anantapur district|Anantapur]] [[Kurnool district|Kurnool]] [[Nellore district|Nellore]] [[Prakasam district|Prakasam]] districts<br />
| key_people = Chairman: RAKESH KASHYAP<br />
| industry = [[Financial]]<br />[[Commercial banks]]<br />
| products = <br />
| production = <br />
| services = <br />
| revenue = <br />
| operating_income = <br />
| net_income = <br />
| aum = <!-- Only used with financial services companies --><br />
| assets = <br />
| equity = <br />
| owner = [[Government of India]](50%) [[Canara Bank]] (35%) AP Govt (15%)<br />
| num_employees = <br />
| parent = [[Ministry of Finance]] , [[Government of India]]<br />
| divisions = <br />
| subsid = <br />
| homepage = {{url|http://www.apgb.in/}}<br />
| footnotes = <br />
}}<br />
<br />
'''Andhra Pragathi Grameena Bank''' is an Indian [[Government of India|Government owned]] regional rural bank in [[India]]. It was established in 2006 as a Scheduled Commercial Bank as per Regional Rural Banks Act of 1976 to provide banking facilities in Rayalaseema and Coastal Andhra regions.<br />
<br />
Syndicate Bank(now Canara bank) amalgamated three rural banks namely Sri Anantha Grameena Bank, Pinakini Grameena Bank and Rayalaseema Grameena Bank to form Andhra Pragathi Grameena Bank. The bank caters to the rural poor in one of the most backward regions of [[Andhra Pradesh]] state.<ref name=apgb>{{cite web|title=APGB|url=http://www.apgbank.com/aboutapgb.htm}}</ref><br />
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The Bank is headquartered at Kadapa and presently its area of operation is extended to 5 districts of [[Andhra Pradesh]] state.<ref name=apgb /><br />
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In 2010 the bank received the "best bank" award from Andhra Pradesh Chief Minister [[Konijeti Rosaiah]].<ref>{{cite news |title=AP Grameena Bank top among RRBs in net profit |url=http://www.hindu.com/2010/05/01/stories/2010050161080300.htm |archive-url=https://web.archive.org/web/20100507061713/http://www.hindu.com/2010/05/01/stories/2010050161080300.htm |url-status=dead |archive-date=7 May 2010 |work=[[The Hindu]] |date=1 May 2010 |access-date=13 October 2012 }}</ref><br />
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==See also==<br />
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* [[Banking in India]]<br />
* [[List of banks in India]]<br />
* [[Reserve Bank of India]]<br />
* [[Regional Rural Bank]]<br />
* [[Indian Financial System Code]]<br />
* [[List of largest banks]]<br />
* [[List of companies of India]]<br />
* [[Make in India]]<br />
<br />
==References==<br />
<br />
{{reflist}}<br />
<br />
{{Canara Bank}}<br />
{{Banking in India}}<br />
<br />
[[Category:Banks established in 2006]]<br />
[[Category:Regional rural banks of India]]<br />
[[Category:Companies based in Andhra Pradesh]]<br />
[[Category:2006 establishments in Andhra Pradesh]]<br />
[[Category:Indian companies established in 2006]]<br />
[[Category:Kadapa]]</div>CleanupBot II