Gurgaon Gramin Bank

About:

Banks in India are playing a major role in the economic prosperity of the Country. Despite large number of development programmes being implemented and the prosperity that the economic reforms and technological advances have brought in during the past, the vital issue of eradication of poverty is yet to be fully addressed. A vast majority of rural poor do not have access to basic banking services. After Nationalization of Bank, delivery of Banking/ Financial services to all people in fair, transparent and equitable manner at affordable cost was consider most appropriate. At this juncture, under the twenty points economic programme the concept of RRBs was implemented. Even in today’s changing Banking Scenario the RRBs are recognized as one of the ideal Institution for credit delivery in rural areas.

Gurgaon Gramin Bank is a Regional Rural Bank, Sponsored by Syndicate Bank having its Head Office at Gurgaon. It came into existence in THE YEAR 1976. Bank has operational are covering SEVEN Districts i.e. Gurgaon, Faridabad,Palwal, Mewat, Rewari, Mahendergarh & Sonepat having net work of 163 Branches with a total Business of Rs. 4388.60 Crore as on 31.03.2010. The Bank has been earning profit continuously and net worth of the Bank stood at Rs. 442.39 crore. The Bank is among the first RRB in the country under various financial parameters. The bank is also having its own Head Office building at Institutional Area in Gurgaon with State of Art technology.

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