It is the largest RRB in Andhra Pradesh:
The Andhra Pragathi Grameena Bank, sponsored by Syndicate Bank, came into existence on 1 June 2006 by way of merger of 3 RRBs - Rayalaseema Grameena Bank, Sree Anantha Grameena Bank and Pinakini Grameena Bank. The bank is headquartered in Kadapa and its operations span 5 contiguous districts of Ananthapuramu, Kadapa, Kurnool, Nellore and Prakasam, with a distinct sociocultural heritage of Andhra Pradesh. Says A. Venkata Reddy, chairman: “We are now functioning with a network of 545 branches and 8 regional offices. We have added 19 branches in 2017-18. There are 322 rural, 142 semi-urban and 81 urban branches. Two mobile ATMs were introduced during 2017-18. Of the 90 onsite ATMs, 33 are in rural, 31 in semi-urban and 26 in urban branches. Nearly 44% branches (1229) of all 4 RRBs are located in Andhra Pradesh.”
INCREASING CUSTOMER BASE
This story is from the April 2018 edition of Banking Frontiers.
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This story is from the April 2018 edition of Banking Frontiers.
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