1.

PGB meaning in Rural Bank in India ?

Answer» What is Pallavan Grama Bank mean?

Tamil Nadu Grama Bank (TNGB) (Tamil: தமிழ்நாடு கிராம வங்கி) is a regional rural bank headquartered at Salem in Tamil Nadu, India. The bank is jointly owned by Central and State Governments & sponsored by Indian Bank. It is under the ownership of Ministry of Finance, Government of India.

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

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