Jharkhand Gramin Bank
The Jharkhand Gramin Bank is an Indian Regional Rural Bank in Jharkhand established on 1 April 2019. The bank was formed by the amalgamation of Jharkhand Gramin Bank and Vananchal Gramin Bank. It currently has 450 branches in rural areas of Jharkhand.
It functions under Regional Rural Banks' Act 1976 and is sponsored by State Bank of India. It is under the ownership of Ministry of Finance, Government of India. It is sponsored by SBI & is jointly Owned by the Government of India, Government of Jharkhand and State Bank of India.
The shareholders of the Bank are Govt. of India, State Bank of India and Govt. of Jharkhand. The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi. The bank has eight Regional Offices functioning at Ranchi, Singhbhum, Gumla, Palamu, Hazaribagh, Giridih, Deoghar & Godda.
History
Jharkhand Rajya Gramin Bank (2019-2025)
In April 2019, Vananchal Gramin Bank was amalgamated with Jharkhand Gramin Bank to form Jharkhand Rajya Gramin Bank.On October 23, 2025, Ministry of Finance, Government of India announce the renaming of several Regional Rural Banks to simplify their names and align them with their states. Changes include Jharkhand Rajya Gramin Bank becoming Jharkhand Gramin Bank and several others being renamed after requests from their sponsor banks. The functional jurisdiction and operations of these banks remain unchanged.