Our Bank - At A Glance

Our Bank - At A Glance

Madhya Bihar Gramin Bank sponsored by Punjab National Bank was established under Regional Rural Bank Act, 1976 and by Givt. of India, Ministry of Finance, Economic Affairs Banking Division notification no. F. No. 1(1) 2006-RRB dated 10.02.2006 by amalgamating four RRBs viz. Bhojpur-Rohtas Gramin Bank, Magadh Gramin Bank, Nalanda Gramin Bank and Patliputra Gramin Bank.

The bank is categorized under schedule banks and is authorized for all types of business under section 5 (B) of Banking Reguation Act 1949. As per RBI notification vide their letter no. RPCD.CO.RRB.NO.BC. 77/03.05 100/2008-09 dated 17.12.2008, the name of the Madhya Bihar Gramin Bank has been included in the Second Schedule of the Reserve Bank of India Act, 1934 ad by notification RPCD.CO.RRB.NO.3231/03.05 100/2008-09 dated 22.09.2008, the same has been published in the Gazette of India  (Part-III-Sec 4). Simultanaeously, the names of the erstwhile RRBs have been excluded from the Seecond Schedule to the RBI ACT, 1934.

The bank is rendering its services to meet all the banking requirements of the rural and urban areas. In the light of the changed scenario in the banking sector, the bank is also  providing its services to the non-target group beneficiaries along with the target group beneficiaries.

Major Achievements of our Performance during 2016-17:


Deposits of our bank stood at Rs.10392.82 Crores as on 31.03.2017, registering a YoY growth of 15.94%.

Prime Deposits:

Prime deposits of our bank comprising of CASA formed 69.69% of our total deposits as on 31.03.2017.

Total Advances:

Advances of our bank stood at Rs.4171.46 Crores as on 31.03.2017, registering a YoY growth of 13.56%.

Description As on 31.03.2017
Share Capital 63.32
Reserve 541.05
 Deposits 10392.82
Loans outstanding 4171.46
Refinance 1841.31
Fresh Loan Issued 6063.43
Investment: 4144.52
Term deposits 3825.18
Profit/Loss 48.82
NPA 300.67
Recovery 704.18 (90.08%)
C.D Ratio 40.14%