Wednesday, May 22, 2024
HomeTelanganaT Grameena Bank Launches Mobile ATM Vans

T Grameena Bank Launches Mobile ATM Vans

Hyderabad : As one of the measures of implementing financial inclusion plan of Government of India, Telangana Grameena Bank has decided to provide Banking services at the doorsteps of the villages through Mobile ATM Vans.  The Bank has purchased two Mobile Vans and  four ATMs under the Financial Inclusion Fund (FIF) Grant Assistance of NABARD.

These Van were launched today by Vijaya Kumar, Chief General Manager, NABARD and S. Shankar General Manager FIDD, RBI, Hyderabad.  The Chairman V. Aravind and General Managers Ch. Naga Srinivas, Y. Ravi Chandraiah, DV Subba Rao of the Bank along with staff and customers have participated in the event.

Telangana Grameena Bank has been operating in five erstwhile districts namely Adilabad, Nizamabad, Karimnagar, Rangareddy and Hyderabad and eighteen reorganized districts of Telangana State with a network of 416 branches which are spread over nook and corners of  five districts of Telangana State.
The Bank is having large customer base of 42.67 lakhs.  The bank is concentrating on priority sector lending particularly for improving the agricultural production, empowerment of women and promoting self employment, retail trading (MSE  & Mudra) in rural and semi urban areas which covers 88.71% of total advances.(NSS)