Company Information

Get to know Paschim Banga Gramin Bank

Paschim Banga Gramin Bank was established on February 26, 2007, through the amalgamation of three Regional Rural Banks: Howrah Gramin Bank, Bardhaman Gramin Bank, and Mayurakshi Gramin Bank. Sponsored by UCO Bank and jointly owned by the Government of India, the Government of West Bengal, and UCO Bank, its mission is to cater to the financial needs of rural and semi-urban areas. The bank is committed to promoting rural development by providing credit and other banking facilities, particularly to small and marginal farmers, agricultural laborers, artisans, and small entrepreneurs.

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Paschim Banga Gramin Bank

India

Founded in

26 Th02 2007 (19 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.