UGB Profile
Uttarakhand Gramin Bank, sponsored by the State Bank of India established under the RRBs Act 1976, came into existence on 1st Nov. 2012, after the amalgamation of the Two Erstwhile RRBs viz. Uttaranchal Gramin Bank, Dehradun (Sponsored by SBI) &Nainital Almora Kshetriya Gramin Bank, Haldwani (Sponsored by Bank of Baroda) in Uttarakhand state.
UttarakhandGramin Bank is authorised to do banking business defined in Section 6 of Banking Regulation Act 1949. The Deposits of UttarakhandGramin Bank are insured as per rules by Deposit Insurance & Credit Guarantee Corporation.
The share capital of the bank is Rs. 18426.65 Lacs as on 31.03.2025 contributed by the Central Government, State Government and Sponsor Bank in the ratio 50:15:35 respectively