Prathama bank, the first Regional Rural Bank of the country was established on 2nd Otcober,1975with its Head Office at Moradabad as per the ordinance issued by the Government of India in 1975 and was sponsored by Syndicate Bank.
The Bank is presently serving the people in the districts of Moradabad, Jyotiba Phule Nagar and Rampur of Western Uttar Pradesh. The owner ship of the Bank has been vested with Govt. of India (50%), Syndicate Bank (35%) and Govt. Of Uttar Pradesh (15%).The Bank has 202 branches and has more than 23 lacs clients. All the branch offices and Head office are computerized. Bank has also established five biometric ATMs at various locations in its operational area. Out of which two ATMs are solar power backed.
Total business of the Bank is Rs. 4252 crore as on 31.03.2010. Credit Deposit ratio of the Bank is 78.60 %. Bank has a net worth of Rs.434.81 crore. Capital Adequacy Ratio of the bank is 21.25.
The Bank has its own image and has become lifeline of the people in its operational area. Over the years, bank has developed systems and procedures. The Bank is a scheduled bank and is included in the list of banks published by Reserve Bank of India in its IInd Schedule.
Prathama Bank,
Head Office,Prathama Bhawan,
Ram Ganga Vihar Phase-II
Post Box NO. 446,
Moradabad-244001,
Uttar Pradesh (INDIA).
