ANDHRA PRAGATHI GRAMEEN BANK List of IFSC Code Branches States
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ANDHRA PRAGATHI GRAMEEN BANK State wise list:ANDHRA PRAGATHI GRAMEEN BANK has branches in the following state(s) :- Andhra pradesh.
Our Andhra Pragathi Grameena Bank came into existence from 01.06.2006 by amalgamating Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank consequent upon the Government of India Notification dt.01.06.2006. The Bank is catering to the needs of Rural Poor mainly and to all other sectors also.
The Bank has been playing a pivotal role in economic development of its operational area by outreaching the people in the countryside. The Bank earned Net profit of Rs.231.18 Crore as on 31.03.2019 and stood first among all RRBs sponsored by Syndicate Bank and all RRBs in the Andhra Pradesh State in respect of net worth Rs.2209.77 Crore as on 31.03.2019.
The entire area of operation of the Bank, which is mostly in Rayalaseema region, is characterized by drought and backwardness. About 75% of the population in the area lives in countryside. The Bank has a wide network of 552 branches spread over 5 districts namely 1. Anantapuramu, 2. YSR Kadapa, 3.Kurnool, 4. SPSR Nellore, 5.Prakasam and as on date 8 Regional Offices were set up for administrative convenience.