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Money & Banking - Regional Rural Banks


BoB merges 2 RRBs in Uttar Pradesh

Our Bureau

Mumbai, April 2

Bank of Baroda has amalgamated two of its sponsored Regional Rural Banks in Uttar Pradesh. The new RRB "Baroda Western Uttar Pradesh Gramin Bank' will have its office at Bareilly, said a press release from the bank. The new bank will have 116 branches in three districts of Uttar Pradesh — Bareilly, Pilibhit and Shahjahanpur.

It will have a three-tier structure with head office, two regional offices and branches. The two banks that have been amalgamated are Bareilly Kshetriya Gramin Bank and Shahjahanpur Kshetriya Gramin Bank.

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