RAJASTHAN MARUDHARA GRAMIN BANK
Joint Venture of Govt. of India, Govt. of Rajasthan & SBI
History
Board of Director
 

HISTORY

In terms of Notification F. No. 7/9/2011-RRB Rajasthan, dated 01 st April 2014 issued by Govt. of India, Ministry of Finance, Department of Economic Affairs (Banking Division) u/s 23A of RRB Act 1976, the erstwhile Marudhara Gramin Bank and Mewar Aanchalik Gramin Bank were amalgamated into one entity and a new bank namely Rajasthan Marudhara Gramin Bank , sponsored by State Bank of India having its Head Office at JODHPUR was formed w.e.f. 01-04-2014. The area of operation of the Bank is the combined area of operation of two erstwhile constituent Banks viz. Jalore, Pali, Sirohi, Jodhpur, Jaipur, Nagaur, Dausa, Jaisalmer, Barmer, Bikaner, Sriganganagar, Hanumangarh, Udaipur, Rajsamand and Pratapgarh Districts of the state.

The agriculture followed by animal husbandry are the main economic activities in the area. The agriculture is by and large dependent upon monsoon. The rainfall is scantly ranging from about 12cms to 63cms per year. The main sorce of irrigation are dug/tube wells beside a few canals. Three canal projects viz. Gang canal, Bhkra and Indira Gandhi canal provide irrigation to Bikaner, Sriganganagar and Hanumangarh districts. The Jawai canal irrigate some parts of Pali and Jalore districts.

The soil of area is sandy to alluvial and main crops of the area are Bajra , Maize , Jawar , Oilseeds, Wheat and Pulses. However, with new technology & improved infrastructure some farmers have shown inclination for cash crops like Jeera, Isabgol, Tomato, Potato etc. Some progressive farmers have cultivated herbals and medicinal crops also. Horticulture and fruit plantation is also fustily picking in some area of operation.

 
 

Our Mission

Mission is to transform into a Bank with sound financials committed to overall economic development of rural areas with technical development , care, competence and compassion towards its customers

 
 

Our Vision

To stage a turn around in profitability and NPA reduction, to double the flow of credit to agriculture, to achieve a quantum jump in savings bank deposit mobilisation, to ensure saturation of villages in our service area, to connect branches with core banking ,to prepare a committed and knowledgeable workforce with a view to transforming the Bank into the most preferred techno banking outlet in rural areas.

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(As on 31-Mar, 2016)
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