Pondicherry Gramin Bank, also known locally as Puduvai Bharathiar Grama Bank (PBGB) is a Regional Rural Bank in the Indian Union Territory of Puducherry. It is the largest bank in Pondicherry in terms of branch network. The bank was established in the year 1980 under the Regional Rural Bank Act, 1961.
This bank is jointly owned by Government of India, Government of Puducherry and sponsored by Indian Bank. The shareholders of the Bank are Government of India (50%), Government of Puducherry (15%) and Indian Bank (35%).
Area of operations
The Bank is operating in the following four districts of Puducherry:
Puducherry
Karaikal
Mahe
Yanam
The bank has 41 branches in operation, of which eight are located in Karaikal and two in Mahe and one in Yanam.