Prathama Bank is the first Regional Rural Bank of India, sponsored by Syndicate Bank established on 2nd October, 1975, with its Head Office at Moradabad in accordance with Regional Rural Bank Ordinance 1975 issued on 26th September, 1975 (Replaced later by Regional Rural Bank Act, 1976(2) of 1976 of Government of India).
Prathama Bank is a Scheduled Bank placed under the IInd schedule of Reserve bank of India. Ownership of the Bank is vested with the Central Government 50 %, Syndicate Bank 35 % and the Uttar Pradesh Government 15 %. The Bank is operating in 4 districts namely Moradabad, Rampur, Amroha and a newly formed Sambhal district with a network of 300 branches.
Strong Financial Base with Reserves of 730 crore and Net Worth of 739 Crore
Total Business Rs.8141 Crore as on 31.03.2014
CD Ratio - 83 % among the highest in the state of UP
CRAR – 18.48 %
All branches on CBS with facility of RTGS/ NEFT
One branch has crossed Rs.400 crore business
6 branches have crossed Rs.100 crore business
23 branches have crossed Rs.50 crore business
The Bank has its own Head Office building at Moradabad, the Brass City
The Bank has own Currency Chest of A category
Own well equipped Staff Training Centre
Bank has earned Net Profit of 84 crore
Serving the people for the last 39 years, the Bank has become lifeline of the people in its operational area and has strong presence;
Large customer base in excess of 3.80 million;
Pioneer in the field of Micro Finance. The Bank has developed its own model of micro finance i.e. Prathama Model. It has been widely appreciated and recognized by NABARD, GOI and other international forums. The Bank has promoted largest number of SHGs, JLGs and Farmers’ Clubs in the state of UP;
National Pioneer in the field of promotion of Solar Home Lighting. Bank’s efforts have been recognized and the Bank has been awarded INDIA POWER AWARDS for the years 2008-09, 2009-10 & 2010-11; Only one Bank from India was invited in the International Seminar on “Energy Access” at Vigyan Bhawan, New Delhi. This honour was given to Prathama Bank;
Commitments fulfilled towards Financial Inclusion by providing ICT based banking facilities in all villages identified for financial inclusion as per the Government of India guidelines.
Head Office,Prathama Bhawan,
Ram Ganga Vihar Phase-II
Post Box NO. 446,
Uttar Pradesh (INDIA).