Tamil Nadu Grama Bank

Tamil Nadu Grama Bank
Native name
தமிழ்நாடு கிராம வங்கி
Company typeRegional Rural Bank
IndustryBanking
Financial services
PredecessorPallavan Grama Bank
Pandyan Grama Bank
Founded1 April 2019 (2019-04-01)
Headquarters
6, Yercaud Salai, Hasthampatti, Salem,
Tamil Nadu, India
Number of locations
682 (2025)[1]
Area served
Tamil Nadu, India
Key people
Mani Subramanian
(Chairman)
Products
Revenue3,099.57 crore (US$370 million) (2024)[1]
775.71 crore (US$92 million) (2024)[1]
446.73 crore (US$53 million) (2024)[1]
Total assets 32,761.26 crore (US$3.9 billion) (2024)[1]
OwnerGovernment of India (50%)
Indian Bank (35%)
Government of Tamil Nadu (15%)
Number of employees
2700+ (2024)
ParentMinistry of Finance, Government of India
Websitetngb.bank.in

Tamil Nadu Grama Bank (TNGB) is a regional rural bank headquartered at Salem in Tamil NaduIndia. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India.

Tamil Nadu Grama Bank was formed on 1 April 2019 by the amalgamation of the erstwhile Pallavan Grama Bank and Pandyan Grama Bank, as per GOI Gazette Notification No. 363 dated 28 January 2019.[2][3]

History

Pandyan Grama Bank

Pandyan Grama Bank was an Indian rural bank (RRB). It was established on 9 March 1977 under Section 3 (1) of Regional Rural Bank Act 1976. It was created under the aegis of the Indian Overseas Bank. The Head Office of the Bank is situated at Sattur, covering undivided Ramanathapuram and Tirunelveli districts

Pallavan Grama Bank

As part of the restructuring process initiated in 2005, RRBs sponsored by the same banks were amalgamated to improve operational efficiency and service delivery.

Pallavan Grama Bank was an Indian Regional Rural Bank headquartered in Salem,Tamil Nadu, India. As per Government of India Notification It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on 31 August 2006, of the following two banks, Adhiyaman Grama Bank (Estd. 27-12-1985), and Vallalar Grama Bank (Estd. 19-06-1986) both sponsored by Indian Bank, to participate more energetically, in the upliftment and development of Rural Farm Sector and Rural Non-Farm Sector. It was under the ownership of Ministry of Finance, Government of India.

Adhiyaman Grama Bank, under the sponsorship of Indian Bank came into existence on 27.12.1985 covering Dharmapuri and Krishnagiri districts with its Head Office at Dharmapuri.

Vallalar Grama Bank, also under the sponsorship of Indian Bank, came into existence on 19.06.1986, and covered undivided South Arcot district(bifurcated into Cuddalore and Villupuram districts) with its Head Office at Cuddalore.

According to Gazette Notification No. 363 dated 28 January 2019, the Government of India has amalgamated Pandyan Grama Bank sponsored by Indian Overseas Bank and Pallavan Grama Bank sponsored by Indian Bank into a single Regional Rural Bank named Tamil Nadu Grama Bank(TNGB). This new entity has come into existence from 1 April 2019 and the Bank is sponsored by Indian Bank, and its head office is located in Salem.[4]

Mission and vision

Mission
  • Serving with a Smile
  • Providing banking services at an affordable cost
  • Simplified Systems and Procedures
  • Banking services to the last-mile person
Vision
  • Making Tamil Nadu Grama Bank the No. 1 household name in the state of Tamil Nadu

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.

Area of operation

Prior to amalgamation, Pallavan Grama Bank, with its headquarters at Salem, functioned in 16 districts, and Pandyan Grama Bank, with its headquarters at Virudhunagar, functioned in 16 districts of Tamil Nadu.

After amalgamation, the bank is operating in 37 districts of Tamil Nadu except Chennai, with its headquarters at Salem.

Share holders

The paid-up capital is ₹46.96 crore, shared by the shareholders as below:

References

  1. ^ a b c d e "Tamil Nadu Grama Bank"https://tngb.bank.in .
  2. ^ "Home | Tamil Nadu Grama Bank". www.tngb.bank.in. Retrieved 15 November 2025.
  3. ^ "Tamil Nadu Grama Bank reports ₹185 cr profit in FY21". @businessline. Retrieved 5 August 2021.
  4. ^ "History | Tamil Nadu Grama Bank". www.tngb.bank.in. Retrieved 10 December 2025.