Tamil Nadu Grama Bank

Tamil Nadu Grama Bank
Company typeRegional Rural Bank
IndustryBanking
Financial services
PredecessorPallavan Grama Bank
Pandyan Grama Bank
Founded1 April 2019 (2019-04-01)
Headquarters
6, Yercaud Salai, Hasthampatti, Salem,
Tamil Nadu, India
Number of locations
671 (2025)
Area served
Tamil Nadu, India
Key people
Mani Subramanian
(Chairman)
Products
Revenue3,099.57 crore (US$370 million) (2024)
775.71 crore (US$92 million) (2024)
446.73 crore (US$53 million) (2024)
Total assets 32,761.26 crore (US$3.9 billion) (2024)
OwnerGovernment of India (50%)
Indian Bank (35%)
Government of Tamil Nadu (15%)
Number of employees
2700+ (2024)
ParentMinistry of Finance, Government of India
Websitewww.tamilnadugramabank.com

Tamil Nadu Grama Bank (TNGB) is a regional rural bank headquartered at Salem in Tamil NaduIndia. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India.

Tamil Nadu Grama Bank was formed on 1 April 2019 by the amalgamation of the erstwhile Pallavan Grama Bank and Pandyan Grama Bank, as per GOI Gazette Notification No. 363 dated 28 January 2019.