Jharkhand Gramin Bank

The Jharkhand Gramin Bank^[1] (JGB Bank) is an Indian Regional Rural Bank (RRB) in Jharkhand established on 1 April 2019.^[2][3] The bank was formed by the amalgamation of Jharkhand Gramin Bank and Vananchal Gramin Bank. It currently has 450 branches in rural areas of Jharkhand. According to Notification No. S.O. 4835(E), the Jharkhand Rajya Gramin Bank has been renamed as Jharkhand Gramin Bank. The change was made upon the request of the State Bank of India (SBI), which sponsors the Bank.^[4]

It functions under Regional Rural Banks' Act 1976 and is sponsored by State Bank of India.

It is under the ownership of Ministry of Finance, Government of India. It is sponsored by SBI & is jointly Owned by the Government of India, Government of Jharkhand and State Bank of India.

The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi (sub-capital of Jharkhand State ). The bank has eight Regional Offices functioning at Ranchi, Singhbhum, Gumla, Palamu, Hazaribagh, Giridih, Deoghar & Godda.

Jharkhand Gramin Bank (JGB Bank) is one of the prominent Regional rural banks in India.

Vananchal Gramin Bank was a Regional Rural Bank (RRB) in Jharkhand, India, Established on June 30, 2006, through the amalgamation of Santhal Parganas Gramin Bank and Palamau Kshetriya Gramin Bank. It was sponsored by the State Bank of India and jointly owned by the Government of India, the Government of Jharkhand, and the State Bank of India. The Bank is operating in 9 districts of Jharkhand State with its Head Office at Dumka (sub-capital of Jharkhand State ). It has four Regional Offices

Jharkhand Gramin Bank was a Regional Rural Bank (RRB) in Jharkhand, India, Established on June 30, 2006, through the amalgamation of Bihar Gramin Bank and Banka Gramin Bank. It was sponsored by the Bank of India and jointly owned by the Government of India, the Government of Jharkhand, and the Bank of India.

In April 2019, Vananchal Gramin Bank was amalgamated with Jharkhand Gramin Bank to form Jharkhand Rajya Gramin Bank(JRG Bank).^[5]

On October 23, 2025, Ministry of Finance, Government of India announce the renaming of several Regional Rural Banks (RRBs) to simplify their names and align them with their states. Changes include Jharkhand Rajya Gramin Bank(JRG Bank) becoming Jharkhand Gramin Bank(JGB Bank) and several others being renamed after requests from their sponsor banks. The functional jurisdiction and operations of these banks remain unchanged.^[6]

The identity boasts symmetry, stability and craftsmanship.

Key elements include

• Upward Arrow, symbolizing Progress and Growth
• Hands, embodying Nurturing and Care
• Flame, symbolizing enlightentment and warmth

The Regional Rural Bank logo selection process involved a public poll conducted by NABARD in June 2025 to choose a new, common logo for the amalgamated Regional Rural Banks in India, the initiative aimed at creating a unified brand identity for rural banking after the amalgamation of several RRBs. the poll allowed participants to vote on six logo concepts and nine design variations. The initiative was called OneRRBOneLogo reflecting the vision of having a single identity for the RRBs.

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