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June 11th, 2016, 12:57 PM
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Join Date: Mar 2012
Re: RRB of Union Bank of India

"The Regional Rural Banks (RRBs) were set up in 1975 under the procurements of the Ordinance declared on 26th September, 1975 and Regional Rural Banks Act, 1976 with a perspective to building up the country economy by giving budgetary backing to the motivation behind advancement of horticulture, exchange, trade, industry and other profitable exercises in the rustic territories, credit and different offices, especially to little and negligible ranchers, rural workers, artisans and little business people, and for matters associated therewith and coincidental thereto

As on date Union Bank of India is having 1 supported RRB i.e. Kashi Gomti Samyut Gramin Bank with a system of 415 branches spread more than 8 locale of eastern U.P

Regional Rural Bank
Postal Address of Head Office

Kashi Gomti Samyut Gramin Bank (KGSGB)
C 19/40, Faatman Road,
Sigra, Varanasi (U.P.)
Tel: 0542 2220752
email: kgsgbank@kgsgbank.co.in

The stores and advances of KGSGB as on 31.03.2015 remained at Rs.7641 crore and Rs.2162 crore individually. Bank has enlisted a benefit of Rs.38.34 cr. amid the monetary year 2014-15.

The rate of need part advances and farming advances to aggregate advances as on 31.03.2015 was 78.45% and 51.48% individually.

Each of the 415 Branches in KGSGB are on Core Banking (CBS) stage. Notwithstanding that, KGSGB has actualized different innovation items for its clients, which is as under:

NEFT/RTGS
Advanced Authority Check framework
ATM-cum-Debit Card (on RuPay Platform)
KCC Card (on RuPay stage)
Talking ATM
Check Truncation System
IMPS Service


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