Company type | Regional Rural Bank |
---|---|
Industry | Banking, Financial services |
Founded | 2013 |
Headquarters | Bhubaneswar, India |
Area served | Odisha State |
Key people | Shri Rishi Singh (Chairman) |
Products | Rupay Debit card, consumer banking, corporate banking, finance and insurance, Home loans, investment banking, mortgage loans, private banking, Vehicle loan, wealth management |
INR 90.15 Million | |
Owner |
|
Number of employees | 2203 |
Parent | Ministry of Finance, Government of India. |
Website | www |
Odisha Gramya Bank[1] (OGB) (Odia: ଓଡ଼ିଶା ଗ୍ରାମ୍ୟ ବ୍ୟାଙ୍କ) is a Regional Rural Bank established on 7 January 2013 with the amalgamation of Neelachala Gramya Bank (Odia: ନୀଳାଚଳ ଗ୍ରାମ୍ୟ ବ୍ଯାଙ୍କ), Kalinga Gramya Bank (Odia: କଳିଙ୍ଗ ଗ୍ରାମ୍ୟ ବ୍ଯାଙ୍କ) and Baitarani Gramya Bank (Odia: ବୈତରଣୀ ଗ୍ରାମ୍ୟ ବ୍ଯାଙ୍କ) in terms of provisions of Regional Rural Banks Act 1976. The bank is sponsored by Indian Overseas Bank & is jointly owned by the Government of India, Government of Odisha and IOB. It is under the ownership of Ministry of Finance, Government of India.
The shareholders of the Bank are Govt. of India (50%), Indian Overseas Bank (35%) and Govt. of Odisha (15%). The Bank is operating in 13 districts of Odisha State with its Head Office at Bhubaneswar. The bank has nine regional offices located at Balasore, Baripada, Cuttack, Chandikhol, Dhenkanal, Jashipur, Khurda, Keonjhar and Pipli.