Tamil Nadu Grama Bank


Tamil Nadu Grama Bank  is a regional rural bank headquartered at Salem in Tamil Nadu, India. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India.
According to Gazette Notification No. 363 dated 28 January 2019, the Government of India has amalgamated Pandyan Grama Bank sponsored by Indian Overseas Bank and Pallavan Grama Bank sponsored by Indian Bank into a single Regional Rural Bank named Tamil Nadu Grama Bank. This new entity has come into existence from 1 April 2019 and the Bank is sponsored by Indian Bank, and its head office is located in Salem.
WWW tngb.bank.in

Share holders

The paid-up capital is ₹46.96 crore, shared by the shareholders as below: