Both Grameen Banks of Bihar became one, Bihar Gramin Bank will be in effect from 1 May

Notice for the merger of both rural banks of Bihar, North Bihar Gramin Bank and South Bihar Gramin Bank have been issued. Both of these banks will merge from 1 May. Now the name Bihar Gramin Bank will be. It will have 2105 branches in the entire state and will become the largest bank in Bihar. Punjab National Bank will be his Borgbank and its headquarters in Patna. Notice has been issued regarding ‘One State-One Gramme Bank’ in ten states and one trade union area, including one state notice for rural bank. The Ministry of Finance has issued a notice regarding ‘one state-one Grammen Bank’ for rural banks in ten states, including Bihar and one trade union area. The merger of all banks will apply from 1 May; Virtually, the merger process has begun with the aim of improving the performance and efficiency of local rural banks. The resolution of ‘one state-one rural bank’ across the country has been completed in consultation with Nabard, ten state governments, Jammu and Kashmir government and bail banks. Bihar Gramin Bank has 2105 branches, the joint number of branches under Bihar Gramin Bank will be 2105. Currently, 1027 branches work in 18 districts of North Bihar Gramin Bank. South Bihar Gramin Bank is spread over 20 districts and has a total of 1078 branches. The joint number of branches under Bihar Gramin Bank is 2105. So far, North Bihar Gramin Bank was a sponsor’s central bank and the sponsor of South Bihar Gramin Bank was the Punjab National Bank. The effectiveness of Grameen Bank is questionable. The national convener of the joint forum of Grameen Bank unions DN Trivedi said: “The merger of rural banks has been using the merger since 2005 and this is the fourth phase of merger. The cost of rural banks and their sponsorship commercial banks, however, is the same.