Telangana Becomes the First State to Merge Rural Banks Under One State One RRB Plan.
Telangana has taken a big step in banking by becoming the first state in India to merge its Regional Rural Banks (RRBs).
The government has combined two banks—Telangana Grameena Bank (TGB) and the Telangana operations of Andhra Pradesh Grameena Vikas Bank (APGVB)—into a single bank.
This change became official on January 1, 2025, and the new bank will continue under the name Telangana Grameena Bank.
The main office of the bank will be in Hyderabad, and it will be supported by State Bank of India (SBI).
This merger is part of the Indian Government’s plan to make banking easier and better for people in villages.
Why Is This a Big Deal?
Before this, Telangana had two different RRBs, each handling banking services in different areas.
With this merger, there will now be only one rural bank for the entire state.
This makes banking more organized, reduces confusion, and improves services for customers.
The goal of this merger is to:
✔ Make banking easier for people in villages.
✔ Provide better services with fewer delays.
✔ Strengthen the bank by increasing its financial power.
A Smooth Transition for Customers
The Chairperson of Telangana Grameena Bank, Y. Sobha, called this merger a major milestone.
She said Telangana is the first state to follow the government’s plan to merge RRBs, setting an example for others.
She also assured customers that the transition has been smooth.
The bank has taken care of all necessary changes, such as:
✔ Updating bank signboards at branches.
✔ Issuing new ATM cards and cheque books to customers.
✔ Ensuring that online banking and other services work without any problems.
This means customers don’t need to worry—they can continue using their accounts as before, with improved services.
Bigger and Stronger Bank
After the merger, Telangana Grameena Bank’s total money (assets) increased from ₹30,000 crore to ₹70,000 crore.
This makes the bank much stronger and allows it to give more loans to farmers, small businesses, and individuals in villages.
The Government has also set the authorized capital of the bank at ₹2,000 crore, which means the bank has more money to grow and expand its services.
How Will This Help People?
✔ Faster services – Since there is only one bank, decisions can be made quickly.
✔ More branches – The new bank will have a bigger network, making it easier for people in remote areas to access banking.
✔ Better financial support – More loans and services will be available to farmers, small businesses, and rural customers.
This historic decision is expected to improve banking in Telangana and serve as a model for other states in India to merge their rural banks.
