| Company type | Public Sector Bank, sponsored by Canara Bank |
|---|---|
| Industry | Financial Commercial banks |
| Founded | Estd. under Regional Rural Banks Act 1976 |
| Defunct | 7 July 2013 (2013-07-07) |
| Successor | Kerala Gramin Bank |
| Headquarters | Malappuram,Kerala,India |
| Website | www.smgbank.com |
South Malabar Gramin Bank Malappuram Kottakunnu (nowKerala Gramin Bank) was aRegional Rural Bank inIndia, and had its headquarters atMalappuram inKerala. Its area of operation was limited to 8 districts inKerala, India. It had been financing farm and non-farm sectors and other employment generation programs through its 506 branches spread over these 8 districts.
As per Government of India notification dated 08.07.2013, amalgamation of South Malabar Gramin Bank andNorth Malabar Gramin Bank sponsored bySyndicate Bank had been effected into a single entity asKerala Gramin Bank with its head office at Malappuram and sponsor bank as Canara Bank after consulting NABARD, concerned sponsor banks and State government of Kerala. Government of India notification is effective from 08.07.2013[1]
This article about an Indian company is astub. You can help Wikipedia byadding missing information. |