Profile

Indian Overseas Bank sponsored two Regional Rural Banks namely Puri Gramya Bank and Dhenkanal Gramya Bank in the state of Orissa Puri Gramya Bank is the first RRB in the state which came in to operation from 25th February 1976. Undivided coastal District of Puri was the command area of the Bank.Puri District later got fragmented in to three Districts namely Khurda, Puri and Nayagarh. Head quarter of Puri Gramya Bank was located in Pipili.

Bank at a glance

(as on March-2010)

Established on 31st August 2007 with Head Office at Bhubaneswar.
Equity of Rs. 1 crore held by Govt. of India(50%), Govt. of Orissa(15%) & Indian Overseas Bank(35%).
Operates in 5 districts with 174 branches & 3 Regional Offices.
Staff strength 810.
Total business of the bank 3155.37 crores.
Total deposit increases to Rs21.44 crores.
Per branch business 18.31 crores.
Per staff business 3.39 crores.

News

New Extension counter of our BMC Branch opened at Buxi Jagabandhu English Medium School, Bhubaneswar on 24th May 2009.

Our 173rd branch at Paschimadwar, Puri was opened on 24th July 2009.

Neelachal Bank observes 2nd Anniversary of formation on 31st August 2009.

Computerisation

16 BRANCHES UNDER
CORE BANKING SOLUTIONS