Andhra Pragathi Grameena Bank
|Type||Public Sector Bank, sponsored by Syndicate Bank|
|Founded||June 1, 2006|
|Area served||Kadapa Anantapur Kurnool Nellore Prakasam districts|
Andhra Pragathi Grameena Bank is a regional rural bank in India. It was established in 2006 as a Scheduled Commercial Bank as per Regional Rural Banks Act of 1976 to provide banking facilities in Rayalaseema region.
Syndicate Bank amalgamated three rural banks namely Sri Anantha Grameena Bank, Pinakini Grameena Bank and Rayalaseema Grameena Bank to form Andhra Pragathi Grameena Bank. The bank caters to the rural poor in one of the most backward region of Andhra Pradesh state.