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PRATHAMA BANK

Jan 20, 2020 351

HISTORY:

Prathama Bank is the first Regional Rural Bank of India, sponsored by the Bank Union established on October 2, 1975, with its headquarters in Moradabad in accordance with the Regional Banking Ordinance 1975 issued on September 26, 1975  Subsequently replaced by the Regional Law of Rural Banks, 1976  of 1976 of the Government of India.Prathama Bank is a Scheduled Bank under the II Reserve Bank Program of India. The Bank owns 50% of the Central Government, the Syndicated Bank 35% and the Government of Uttar Pradesh 15%.

 

CHAIRMAN: M.S. Arora