Govt Deccan Grameena Bank (DGB) Jobs 2024 - Sarkari Naukri

The Bank was established by amalgamating four RRBs Sponsored by State Bank of Hyderabad, viz. 1) Sri Saraswathi Grameena Bank, Adilabad 2) Sri Satavahana Grameena Bank, Karimnagar 3) Sri Rama Grameena Bank, Nizamabad and 4) Golconda Grameena Bank, Ranga Reddy (Hyderabad).
The Govt. of India vide its gazette No.SO.2718(E) dated 20th October, 2014 amending the notification of Government of India, Ministry of Finance,DFS.No.SO.385(E) dated 24th March, 2006 changed the name of “Deccan Grameena Bank” as “Telangana Grameena Bank” covering the area of operation of the Bank in Adilabad,Karimnagar, Nizamabad, Rangareddy, Hyderabad, Warangal, Khammam, Nalgonda, Mahaboobnagar and Medak districts of Telangana state.The bank is now operating in erstwhile five districts only i.e., Adilabad, Karimnagar, Nizamabad, Rangareddy and Hyderabad in the state of Telangana as the transfer of business of remaining five districts from Andhra Pradesh Grameena Vikas Bank is under process.
After amalgamation of the Associate Banks of State Bank, our sponsor bank has been changed from State Bank of Hyderabad to State Bank of India. The Authorized share capital of the Bank is Rs.2000 Crores. The paid-up capital is Rs.18.07 Crores which is contributed by Government of India, Sponsor Bank i.e. State Bank of India & Government of Telangana in the ratio of 50: 35: 15 respectively.