Himachal Gramin Bank

ABOUT US

The Bank came into existence on 23 December 1976, under the provisions of Section 3 of the Regional Rural Banks Act, 1976 (No. 21 of 1976) with its Head Office at Mandi (H.P.). The Bank is sponsored by Punjab National Bank. The Bank is incorporated as a Scheduled Bank in Schedule - II of Reserve Bank of India Act, 1934 and is authorized to affect banking transactions as permitted under section 5(b) of Banking Regulations Act, 1949.

The word "HIMACHAL" derives its origin from two "HINDI" words 'HIM' and "Anchal', which means "IN THE LAP OF SNOW". Himachal is also known as DEV BHUMI in the ancient history and is situated in the heart of Western Himalayas.

Himachal is also known for its pilgrimage centers. Mani Mahesh, Brijeshwari Temple, Shikari Temple, Bhima Kali Sarahan, Naina Devi, Jawala Devi, Chintg Purni are prominent worshipped places. Himachal Pradesh is also known for tourism. there are some famous tourist places i. e. Manali, Shimla, Kufri, Naldehra, Jakhu, Dalhousie, Chamba etc. The areas of Himachal namely Nalagarh, Baddi, Barotiwala, Parwanoo, Kala Amb, Pounta Sahib and Una are fastly growing Industrial Centres. e is huge potential for Hydro Electric Power generation. Big power projects like Parvati, Larji, Nathpa Jhakri, Kol Dam etc. are coming up. Bhakhara Dam, Satluj Beas Link Projects are already adding to the prosperity of the country. Himachal has a proud in sending large number of persons to serve in defence forces and many of them brought laurels to the State.

"MANDI" TOWN WAS NAMED AFTER "Mandavya Rishi" who performed spiritual quest here for years together. it is also known as "Town of Temples". in ancient, it is pronounced as "Chhoti Kashi"

PERFORMANCE HIGHLIGHTS

	2008-09	2009-10	2010-11
OWNED FUND
1. CAPITAL	100	100	100
2. SHARE CAPITAL	1065	1065	1065
3. RESERVE	5025	5068	5068
TOTAL OWNED FUND	6190	6233	6692

BUSINESS FIGURES
DEPOSITS	93806	109932	133330
-PRIME DEPOSITS	37538	45262	56954
-%age Prime Deposit	40.02%	41.17%	42.72%
ADVANCES (O/S)	35833	37565	49778
-Priority Sector	28914	30204	42040
-Agriculture	11603	14493	17681
-Other Priority Sector	17311	15711	24359
TOTAL BUSINESS	129639	147497	183108
CD RATIO	38.20%	34.17%	37.33%
NPA	1449	1423	1457
-%age to Gross Advances	4.04%	3.79%	2.93%
-Net NPA to Net Advance	2.08%	1.96%	1.54%

BUSINESS RATIO	Emp.465	Emp.465	Emp.455
Per Branch Business	1063	1199	1465
Per Employee Business	279	320	402
Deposit per Employee	202	238	293
Advances Per Employee	77	81	109