PGB - Committed to Rural Development.

 

 

Punjab Gramin Bank

is a sponsor bank of Punjab National Bank - a pioneer banking institution in India.

 

PGB has come into existence after amalgamation of three erstwhile RRBs i.e.:

 

- Kapurthala Firozpur Kshetria Gramin Bank,

- Gurdaspur Amritsar Kshetria Gramin Vikas Bank,

- Shivalik Kshetria Gramin Bank

 

Bank is presently having its 264 branches across 13 districts of punjab with Head Office at Kapurthala & Regional Offices at Amritsar, Firozpur, Jalandhar & Hoshiarpur and is operating on fundamentally strong and sound banking operations.

 

PGB, having most of its branches in rural areas is playing major role in uplifting living standard of rural people by providing various types of deposits and loan schemes and is committed for inclusive growth.

Bank is having a total clientele of more than 16 lakh.

 

Important features are:

 

Strong Financial Base - Net Owned Funds Rs. 532 Cr.

 

Total Business: Rs. 7317.78 Crores

Deposits: Rs. 4317.53 Crore

Adavnces: Rs. 3000.25 Crore

 

All branches working on CBS - Recenetly introduced - Cash NEFT facility

Annualised Recovery: 94.35% - Highest among the PNB sponsored RRBs.

 

Business per Employee: Rs.6.97 Crore

Business per Branch: Rs.27.72 Crore

Data as on 30.06.2015