CHAIRMAN

SGB Chairman

Shri A S N Prasad

(On Deputation from Indian Bank)


GENERAL MANAGER

SGB General Manager

Shri B K Ravi Shankar

(On Deputation from Indian Bank)



  SGB History


About the Bank:

Saptagiri Grameena Bank has been formed with the merger of Sri Venkateswara Grameena Bank, Chittoor, Chittoor district and Kanakadurga Grameena Bank, Gudivada, Krishna District w.e.f from 01/07/2006 with Head office at Chittoor, Chittoor District, Andhra Pradesh, in terms of Government of India GO dt 29/06/2006.

Operational Area:

Bank’s Operational area is spread over across Chittoor and Krishna district in the state of Andhra Pradesh.

Branch Network:

The Bank is a having 225 branches (137 branches in Chittoor district and 88 branches in Krishna district). Of the 225 branches, 149 branches are in Rural, 56 are in semi-urban and 20 branches are in Urban areas.

** Urban-Rural classification based on 2011 census

Share Capital:

In terms of section 5 of RRB Act 1976, the authorized capital of Bank is Rs.500 lakhs divided into 5 lakhs fully paid shares of Rs.100/- each. The paid up capital of the Bank as on 31 03 2008 is Rs.200 lakhs, contributed by Govt of India, Sponsor Bank and Govt of A.P. in the ratio of 50%, 35% and 15% respectively


  Board of Directors


SGB Chairman

Shri A S N Prasad

CHAIRMAN


G Mahendra

Shri G Mahendra

General Manager, (R&L-1)
Indian Bank, Corporate Office, Chennai.


D Krishna Raj

Shri D Krishna Raj

DGM, Zonal Manager,
Indian Bank, Vellore.


D Sarath Chand

Shri D Sarath Chand

Asst. General Manager,
Reserve Bank of India, Hyderabad.


A Nagesh Kumar

Shri A Nagesh Kumar

Deputy General Manager
NABARD IDD, Hyderabad.


K V V Satyanarayana

Shri K V V Satyanarayana, IRAS.,

Secretary Finance (B&IF) Govt. Of A.P.


M Hari Narayan

Shri M Hari Narayan, IAS.,

Collector & District Magistrate, Chitoor.


Designed by Yaswanth Gupta Bondada