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Uttar Pradesh Gramin Bank

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Uttar Pradesh Gramin Bank
Native name
उत्तर प्रदेश ग्रामीण बैंक
Company type Regional Rural Bank
Industry Financial services
Banking
PredecessorAryavart Bank

Baroda UP Bank

Prathama UP Gramin Bank
FoundedMay 1, 2025;9 months ago (2025-05-01)
Headquarters2nd and 3rd floor, NBCC Commercial Complex, Vardan Khand, Gomti Nagar Extension, Lucknow - 226010 Uttar Pradesh,
India
Number of locations
4330 Branches
Area served
 Uttar Pradesh
Key people
Shri Yadav S. Thakur (Chairman) [1]
Products
Services
Owner Government of India (50%)

Government of Uttar Pradesh (15%)

Bank of Baroda (35%)
Number of employees
19600+
Parent Ministry of Finance, Government of India
Website upgb.bank.in

The Uttar Pradesh Gramin Bank (UPGB) is an Indian Regional rural bank (RRB) in Uttar Pradesh established on 1 May 2025. [2] [3] The bank [4] was formed by the amalgamation of Aryavart Bank, Baroda UP Bank and Prathama UP Gramin Bank under The "One State, One RRB" [5] policy of government. It currently has 4330 branches in rural areas of all 75 Districts of Uttar Pradesh. It also have one branch in Haridwar District of Uttarakhand. [6]

Contents

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

History

Aryavart Bank

Allahabad UP Gramin Bank and Gramin Bank of Aryavart were merged, and renamed as Aryavart Bank e.r.f 01.04.2019, under the sponsorship of Bank of India. The bank had 1365 branches and 22 regional offices [7] at the time of amalgamation in 26 districts of Uttar Pradesh.

The Head Office of Aryavart Bank was located at A-2/46, Vijay Khand, Gomti Nagar, Lucknow, which later on 01.04.2025 relocated to its new premise; 2nd and 3rd floor, NBCC Commercial Complex, Vardan Khand, Gomti Nagar Extension, Lucknow, Uttar Pradesh, 226010. Shortly before the official merger date.

Baroda UP Bank

The RRBs were established in India under RRB Act 1976 [23(1)]. As per Govt of India notification no 3837 dated 26.11.2019, Baroda Uttar Pradesh Gramin Bank, Purvanchal Bank and Kashi Gomti Samyut Gramin Bank has been amalgamated to form Baroda U.P. Bank under the sponsorship of Bank of Baroda.

Prathama UP Gramin Bank

Prathama Bank and Sarva UP Gramin Bank merged with name Prathama UP Gramin Bank.The bank had 960 branches around 19 districts of Uttar Pradesh; it also had one branch in Haridwar District of Uttarakhand.The bank was sponsored by the Punjab National Bank.

Prathama Bank (lit. First Bank) was established in 1975 by Syndicate Bank. It was the first RRB in India.

See also

References

  1. ↑ "Board of Directors UPGB".
  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".
  4. ↑ "Uttar Pradesh Gramin Bank about info".
  5. ↑ 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.
  6. ↑ "UPGB Social Banking".
  7. ↑ Srivastava, Utkarsh. "Gramin Bank of Aryavart – About GBA". Aryavart-rrb.com. Archived from the original on 11 July 2014. Retrieved 29 July 2018.


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