Paschim Banga Gramin Bank

Paschim Banga Gramin Bank (PBGB)[1] is a 'premier Regional Rural Bank (RRB) in India. It was established on 26 February 2007[2] in exercise of the powers conferred by Sub-section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976). The Bank is established by the amalgamation of Howrah Gramin Bank, Bardhaman Gramin Bank and Mayurakshi Gramin Bank. The Tagline of the bank is "Bank for U - Banking for All".

Paschim Banga Gramin Bank (PBGB)
TypeGovernment Enterprise
IndustryBanking, Financial services
Founded26 February 2007
HeadquartersHowrah, West Bengal, India
Number of locations
230 branches
Area served
West Bengal
Key people
Mr.Partha Pratim Sen
(Chairman)
Productsconsumer banking, corporate banking, finance and insurance, Investment banking, mortgage loans, wealth management, Mobile Banking, BHIM, UPI, Point of sale
₹67.97 million (US$950,000) as on 31st March 2019
Total assets ₹59.80 million (US$840,000) as on 31st March 2019
OwnerGovernment of India (50%)
Government of West Bengal (15%)
UCO Bank (Sponsored Bank)(35%)
Websitewww.pbgbank.com

This bank is sponsored by UCO Bank & Owned by Govt. of India, Govt. of West Bengal and UCO Bank . The shareholders of the Bank are Govt. of India (50%), UCO Bank (35%) and Govt. of West Bengal (15%). The bank's head office is located at Tikiapara, Howrah, West Bengal.

As on 31st March 2019,the Bank made a net profit of ₹67.97 million (US$950,000)

Bank structure

The Bank is operating in five districts of West Bengal State, namely, Howrah, Hooghly, Purba Bardhaman, Paschim Bardhaman and Birbhum, with its Head Office at Howrah, West Bengal.

PBGB DIGITAL BANKING


It has 230 Branches and 4 Regional Offices. The Regional Offices are :

  • Howrah Regional Office - Regional Manager -Mr. Tuhin Kr. Bera
  • Hooghly Regional Office - Regional Manager-Mr.Swapan Kumar Roy
  • Bardhaman Regional Office - Regional Manager-Mr.Pankaj Bandyopadhyay
  • Suri Regional Office - Regional Manager -Mr. Bhabani Chakraborty.

Area of Operations

The Bank is operating in 5 districts of West Bengal State. They are :

==Board of Directors==

  • Mr.Partha Pratim Sen, Chairman
  • Mr.Shomit Ghosh,Nominee Director,Govt of West Bengal
  • Mr.M.V.Rao,Nominee Director, Govt of West Bengal
  • Mrs. Harsha V Kumar, Nominee Director, Reserve Bank of India (RBI)
  • Mr.Susanta Mishra, Nominee Director, NABARD
  • Mr.R.Seshadri,Nominee Director,Sponsor Bank
  • Mr.G.Mishra,Nominee Director,Sponsor Bank

See also

References
  1. "PBGB Website".
  2. Government of India, Notification No.1/4/2006 – RRB dated 26 February 2007 (Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhi)
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