who is the sponsoring bank for the pandian gramin bank
Pandyan Grama Bank Pandyan Grama Bank (Tamil: பாண்டியன் கிராம வங்கி) is a Scheduled public sector bank in Tamil Nadu established under Regional Rural Bank Act 1976. It was founded on 9 March 1977 at Sattur, then later shifted to Virudhunagar on 16 July 1993. It had been issued and paid up a share capital of one crore of rupees by Government of Tamil Nadu (15%), Government of India (50%) & Indian Overseas Bank(35%).[1] Primary objective of the bank is to finance for agricultural and non-agricultural sectors in rural area. National Bank for Agriculture and Rural Development (NABARD) had awarded an A rating to Pandyan Grama Bank in recognition of its performance.
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