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Banking

Bihar Gramin Bank: Revitalizing Rural Finance Through Community-Centric Innovation

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Summary

Dakshin Bihar Gramin Bank, formed in 2019 by merging regional banks in Bihar and supported by Punjab National Bank and the government, enhances rural banking and financial inclusion. Operating 1,078 branches across 20 districts, it offers tailored services such as savings, business, and agricultural loans while fostering financial literacy and spurring rural growth.

Key Takeaways

  • Formed through a merger to boost rural banking.
  • Supported by Punjab National Bank and government agencies.
  • Operates over 1,000 branches in 20 districts.
  • Provides tailored financial products for agrarian and small business sectors.
  • Promotes financial literacy and rural economic development.

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