Private company

Madhya Pradesh Gramin Bank

Regional Rural Bank in Madhya Pradesh, India

The Madhya Pradesh Gramin Bank (MPGB) is an Indian Regional Rural Bank (RRB) in Madhya Pradesh established on 1 May 2025. The bank was formed by the amalgamation of two rural banks in the state of Madhya Pradesh in central India namely Madhya Pradesh Gramin Bank and Madhyanchal Grameen Bank, sponsored by Bank of India, State Bank of India under The "One State, One RRB" policy of government. It currently has 1320 branches in rural areas of Madhya Pradesh.2 It is headquartered in Sagar.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2025Founded1

The Madhya Pradesh Gramin Bank (MPGB) is an Indian Regional Rural Bank (RRB) in Madhya Pradesh established on 1 May 2025. The bank was formed by the amalgamation of two rural banks in the state of Madhya Pradesh in central India namely Madhya Pradesh Gramin Bank and Madhyanchal Grameen Bank, sponsored by Bank of India, State Bank of India under The "One State, One RRB" policy of government. It currently has 1320 branches in rural areas of Madhya Pradesh.2

Subsidiaries and ownership

Owners

  • Government of India

From Wikidata.1

Timeline

  1. 2025Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2