Andhra Pradesh Grameena Vikas Bank

Andhra Pradesh Grameena Vikas Bank
Company type	Regional Rural Bank
Industry	Banking and Finance
Founded	31 March 2006
Headquarters	Warangal, India
Number of locations	772
Key people	Chairman : Shri. K Prathapa Reddy
Products	Loans to Agricultural, Small Business & Services, Housing, Personal, Education and Banking Services like Mobile Banking, Internet Banking, Insurance, NEFT, RTGS, IMPS, Safe Deposit Lockers, ATM services. Deposit products with attractive interest rates.
Owner	Government of India (50%); State Bank of India (35%); Government of Andhra Pradesh (15%).
Number of employees	3239
Parent	Ministry of Finance, Government of India
Website	www.apgvbank.in

Andhra Pradesh Grameena Vikas Bank is an Indian Regional Rural Bank headquartered in Warangal, India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on 31 March 2006, of the following 5 banks, sponsored by SBI, to participate more energetically, with synergy, in the upliftment and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. It is under the ownership of Ministry of Finance, Government of India.