(Info) Uttaranchal Gramin Bank

Uttaranchal Gramin Bank

About:

Uttaranchal Gramin Bank was established on June 30th 2006 vide Gazette Notification dated 30.06.2006 issued by Govt. of India, under section 3 (i) of RRBs Act 1976 (21 of 1976), after amalgamation of three erstwhile Regional Rural Banks viz. Ganga Yamuna Gramin Bank, Alaknanda Gramin Bank & Pithoragarh Kshetriya Gramin Bank, all sponsored by premier Commercial Bank of the country i.e. State Bank of India in the State of Uttarakhand. Accordingly, Bank’s area of operation is extended in the districts of Dehradun, Tehri, Uttarakashi, Haridwar, Pauri, Chamoli, Rudraprayag of Garhwal Division and district Pithoragarh and Champawat of Kumaun Division in Uttarakhand.

The Head Office of the Bank is situated at Dehradun, which is the Capital city of the State of Uttarakhand. The major area of operation which is extended in remote areas of the state is thinly populated and seven districts of service area fall under “Zero Industry” zone. However, the area is widely acknowledged for its famous pilgrim centers and tourist places.

Despite abundance of water resources, this area has negligible irrigation facilities and farmers are forced to use conventional methods of farming. Though cash crops like potato, ginger and fruits like malta, apple are cultivated in small areas yet due to lack of basic infrastructure, viz proper transportation, processing and storage facilities such cultivation is restricted in a few pockets only.