The Andhra Pradesh Grameena Vikas Bank (APGVB) embodies strong rural banking in India, addressing the financial requirements of Andhra Pradesh and Telangana. Founded on March 31, 2006, APGVB resulted from the merger of five regional rural banks: Sri Visakha Grameena Bank, Nagarjuna Grameena Bank, Sangameswara Grameena Bank, Manjira Grameena Bank, and Kakathiya Grameena Bank, marking a pivotal event in rural banking resource consolidation for increased efficiency and service expansion.

This merger, supported by the State Bank of India (SBI), ensures extensive backing and a vast network. Headquartered in Warangal, India, APGVB is structured with the Government of India holding a 50% share, SBI with 35%, and the Government of Andhra Pradesh owning 15%. The bank operates a broad network of 772 branches, effectively reaching a significant rural demographic, underscoring its prominent status in the rural banking sector.

APGVB's workforce, comprising 3239 employees, is committed to fostering financial inclusion through diverse products such as agricultural loans, small business and service loans, housing and personal loans, and educational loans.

Additionally, APGVB offers cutting-edge banking services like mobile banking, internet banking, and a variety of deposit products with competitive interest rates to meet the diverse needs of its clientele.

Geographically, APGVB has a substantial influence in numerous districts across Telangana and Andhra Pradesh, areas crucial to India's agrarian economy. Its reach spans from Bhadradri Kothagudem to Yadadri Bhuvanagiri in Telangana, and from Alluri Sitaram Raju to Vizianagaram in Andhra Pradesh, highlighting the bank’s essential role in rural financial empowerment and economic support. Aligning with its strategic vision, APGVB emphasizes not just financial products but also fosters rural welfare and development.

This strategy aligns with its foundational objectives of uplifting the Rural Farm Sector and Rural Non-Farm Sector, focusing particularly on marginalized and impoverished rural populations. The bank amplifies its rural development impact through specialized products and services that address unique rural challenges.

Looking forward, APGVB builds on its rich legacy of serving Andhra Pradesh and Telangana's rural heartlands, contributing to the broader governmental goal of financial inclusion and rural advancement. With steadfast support from key stakeholders like the Government of India and SBI, Andhra Pradesh Grameena Vikas Bank is poised to extend its reach and enhance its influence in India's rural banking sector.