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Tuesday, Sep 27, 2005

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Money & Banking - Regional Rural Banks


BoB merges 3 RRBs in Gujarat

Our Bureau

MUMBAI: Bank of Baroda has amalgamated its three sponsored regional rural banks (RRBs) into single RRB, called Baroda Gujarat Gramin Bank.

It will have 128 branches and will operate in nine districts in Gujarat, said a press release from the Bank.

The three RRBs are Panchmahal Vadodara Gramin Bank, Valsad Dangs Gramin Bank and Surat Bharuch Gramin Bank, the release said.

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