https://indianpedia.org/index.php?action=history&feed=atom&title=Jharkhand_Gramin_BankJharkhand Gramin Bank - Revision history2026-07-31T15:51:46ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Jharkhand_Gramin_Bank&diff=506190&oldid=prevTonyrogers1123 at 02:50, 3 February 20262026-02-03T02:50:54Z<p></p>
<p><b>New page</b></p><div>{{Short description|Regional Rural Bank in Jharkhand, India}}<br />
{{Use Indian English|date=June 2025}}<br />
{{Use dmy dates|date=June 2025}}<br />
{{Infobox company<br />
| name = Jharkhand Gramin Bank<br />
| former_name = Jharkhand Rajya Gramin Bank (2019–2025)<br />
| logo = JGB Logo.png<br />
| caption = <br />
| native_name = '''झारखण्ड ग्रामीण बैंक'''<br />
| native_name_lang = <br />
| image = <br />
| type = [[Regional Rural Bank]]<br />
| traded_as = <br />
| predecessor = *Jharkhand Gramin Bank (2006-2019)<br />
*Vananchal Gramin Bank (2006-2019)<br />
| successor = <br />
| foundation = {{Start date and age|2019|04|01}}<br />
| founder = <br />
| defunct = <!-- {{End date|df=yes|YYYY|MM|DD}} --><br />
| hq_location = <br />
| location_city = [[Ranchi]], [[Jharkhand]]<br />
| location_country = [[India]]<br />
| area_served = [[Jharkhand]]<br />
| key_people = '''Mr. Madan Mohan Bariar''' <br /> (Chairman)<br />
| industry = [[Financial]]<br />[[Regional Rural Bank]]s<br />
| products = [[Credit card]]s, [[Retail banking|consumer banking]], [[Commercial bank|corporate banking]], [[Financial services|finance and insurance]], [[investment banking]], [[mortgage loan]]s, [[private banking]], [[private equity]], [[wealth management]]<br />
| production = <br />
| services = {{Unbulleted list|[[Financial services]]|[[Banking]]}}<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%)<br />
[[Government of Jharkhand]] (15%)<br />
[[State Bank of India]] (35%)<br />
| num_locations = 450 Branches<br />
| num_employees = 1525<br />
| parent = [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]<br />
| divisions = <br />
| subsid = <br />
| homepage = {{ubl|{{URL|https://jrgbank.bank.in}}<br />
|{{URL|https://inb.jrgbank.bank.in/JRGBOnline}}}}<br />
| footnotes = <br />
}}<br />
<br />
The '''Jharkhand Gramin Bank'''<ref>{{cite web|url=https://jrgbank.bank.in/ |title= Jharkhand Gramin Bank}}</ref> ('''JGB Bank''') is an Indian [[Regional Rural Bank]] (RRB) in [[Jharkhand]] established on 1 April 2019.<ref>{{cite news|url=https://www.scconline.com/blog/post/2019/02/01/regional-rural-bank-amalgamation-of-vananchal-gramin-bank-and-jharkhand-gramin-bank-into-jharkhand-rajya-gramin-bank/|title=Regional Rural Bank {{!}} Amalgamation of Vananchal Gramin Bank and Jharkhand Gramin Bank into Jharkhand Rajya Gramin Bank|author=Devika|date=1 February 2019}}</ref><ref>{{cite news|url=https://www.livehindustan.com/jharkhand/story-the-merger-of-jharkhand-rural-bank-and-vananchal-rural-banks-now-jharkhand-state-rural-bank-will-be-named-2473859.html|title=झारखंड ग्रामीण बैंक और वनांचल ग्रामीण बैंकों का विलय, अब झारखंड राज्य ग्रामीण बैंक होगा नाम|work=Live Hindustan|language=hi|date=3 April 2019}}</ref> The bank was formed by the amalgamation of '''Jharkhand Gramin Bank''' and '''Vananchal Gramin Bank'''. It currently has 450 branches in rural areas of [[Jharkhand]].<ref>{{Cite web |title=Gazette Notification|url=https://egazette.gov.in/WriteReadData/2025/267093.pdf |access-date=2025-10-25 |website=egazette.gov.in}}</ref><br />
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It functions under Regional Rural Banks' Act 1976 and is sponsored by [[State Bank of India]]. It is under the [[ownership]] of [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]. It is sponsored by [[State Bank of India|SBI]] & is jointly Owned by the Government of India, Government of Jharkhand and State Bank of India.<br />
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The shareholders of the Bank are Govt. of India (50%), [[State Bank of India]] (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at [[Ranchi]] (sub-capital of [[Jharkhand]] State ). The bank has eight Regional Offices functioning at [[Ranchi district|Ranchi]], [[East Singhbhum district|Singhbhum]], [[Gumla district|Gumla]], [[Palamu district|Palamu]], [[Hazaribagh district|Hazaribagh]], [[Giridih district|Giridih]], [[Deoghar district|Deoghar]] & [[Godda district|Godda]].<br />
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== History ==<br />
'''Jharkhand Gramin Bank (JGB Bank)''' is one of the prominent [[Regional rural bank]]s in [[India]].<br />
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===Jharkhand Rajya Gramin Bank (2019-2025) ===<br />
In April 2019, '''Vananchal Gramin Bank''' was amalgamated with '''Jharkhand Gramin Bank''' to form '''Jharkhand Rajya Gramin Bank(JRG Bank)'''.<ref>{{cite news|url=https://www.jagran.com/jharkhand/dumka-vananchal-grameen-bank-merger-from-1st-chairman-19074722.html|title=पहली से वनांचल ग्रामीण बैंक का विलय : अध्यक्ष|work=Jagran|language=hi|date=26 March 2019}}</ref><br />
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On October 23, 2025, [[Ministry of Finance]], [[Government of India]] announce the renaming of several [[Regional Rural Bank]]s (RRBs) to simplify their names and align them with their states. Changes include '''Jharkhand Rajya Gramin Bank(JRG Bank)''' becoming '''Jharkhand Gramin Bank(JGB Bank)''' and several others being renamed after requests from their sponsor banks. The functional jurisdiction and operations of these banks remain unchanged.<ref>{{Cite web |title=Government Renames Multiple Regional Rural Banks Across India |url=https://thekanal.in/en-IN/details/government-renames-multiple-regional-rural-banks-across-india-10547 |access-date=2025-10-26 |website=thekanal.in}}</ref><br />
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=== Vananchal Gramin Bank (2006-2019) ===<br />
'''Vananchal Gramin Bank''' was a [[Regional Rural Bank]] (RRB) in [[Jharkhand]], [[India]], Established on June 30, 2006, through the amalgamation of '''Santhal Parganas Gramin Bank''' and '''Palamau Kshetriya Gramin Bank'''. It was sponsored by the [[State Bank of India]]. The Bank is operating in 9 districts of [[Jharkhand]] State with its Head Office at [[Dumka]] (sub-capital of [[Jharkhand]] State ). It has four Regional Offices<br />
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=== Jharkhand Gramin Bank (2006-2019) ===<br />
'''Jharkhand Gramin Bank''' was a [[Regional Rural Bank]] (RRB) in [[Jharkhand]], [[India]], Established on June 30, 2006, through the amalgamation of '''Bihar Gramin Bank''' and '''Banka Gramin Bank'''. It was sponsored by the [[Bank of India]].<br />
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== See also ==<br />
{{Portal|Banks}}<br />
* [[List of banks in India]]<br />
* [[Regional rural bank]]<br />
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== References ==<br />
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{{reflist}}<br />
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==External links==<br />
* [https://jrgbank.bank.in/ Official site]<br />
* [https://inb.jrgbank.bank.in/JRGBOnline// Internet Banking]<br />
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{{Banking in India}}<br />
<br />
[[Category:Banks established in 2019]]<br />
[[Category:Regional rural banks of India]]<br />
[[Category:Companies based in Jharkhand]]<br />
[[Category:2019 establishments in Jharkhand]]<br />
[[Category:Economy of Jharkhand]]<br />
[[Category:Indian companies established in 2019]]<br />
[[Category:State Bank of India]]</div>Tonyrogers1123