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Jharkhand Rajya Gramin Bank

Jharkhand Rajya Gramin Bank, formed on April 1, 2019, through the amalgamation of Vananchal Gramin Bank and Jharkhand Gramin Bank, is a regional rural bank established under the Regional Rural Banks Act of 1976. It operates as a scheduled bank jointly owned by the Government of India, the State Bank of India, and the Government of Jharkhand, authorized to conduct all banking activities. Shareholding comprises 50% of the Government of India, 35% of the State Bank of India, and 15% of the Government of Jharkhand. Serving across all 24 districts of Jharkhand, with its headquarters in Ranchi, the bank operates through eight regional offices.

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