In this article we will provide the information related to the Andra Pragthi Grameena Bank. In the fiscal year 2022-23, Andra Pragathi Grameena Bank (APGB) achieved exceptional milestones, showcasing its commitment to excellence and innovation.

Bank extend heartfelt gratitude to esteemed stakeholders for their invaluable guidance and support Bank equally appreciative of cherished customers who have entrusted us with the privilege of serving them.

Banks dedicated employees played a pivotal role in our outstanding results, and we commend their unwavering dedication.


Andhra Pragathi Grameena Bank, born from the amalgamation of Rayalaseema Grameena Bank, Sri Anantha Grameena Bank, and Pinakini Grameena Bank, came into existence on June 1, 2006. Constituted under the Regional Rural Banks Act 1976, the bank operates with its headquarters in Kadapa. With 552 branches, APGB serves diverse sectors, playing a pivotal role in driving economic development in its operational area.


1. Business Breakthrough

APGB achieved a substantial business milestone, reaching a remarkable Rs. 41,655.37 Crores in total business during the fiscal year.

2. Profit and Performance

The bank recorded a commendable net profit of Rs. 595.15 Crores, coupled with an impressive operating profit of Rs. 1,072.23 Crores.

3. Financial Strength

With a robust Capital to Risk-Weighted Assets Ratio (CRAR) of 23.90%, APGB demonstrates its financial resilience.

4. Solid Net Worth

The bank’s net worth surged to Rs. 3,789.26 Crores, underlining its strong foundation.

5. NPA and Provision Coverage

 APGB displayed its commitment to prudent risk management with a gross NPA of 1.35%, a net NPA of Nil, and a 100% provision coverage ratio.


Strategic Branch and Office Expansion

APGB boasts a sprawling network of 552 branches across 10 districts, encompassing Anantapuramu, Sri Satya Sai, YSR Kadapa, Annamayya, Kurnool, Nandyal, SPSR Nellore, Tirupati, Prakasam, and Bapatla. Our operational efficiency is enhanced by the presence of 8 regional offices, strategically positioned for administrative ease.


Andra Pragathi Grameena Bank sponsored by Canara Bank.

Andra Pragathi Grameena Bank official website is

Andra Pragathi Grameena Bank Head Office Address

Beside Mariyapuram Church, Mariyapuram, Kadapa, Andhra Pradesh 516001


1. Enhanced Accessibility

 The bank introduced 996 BC outlets and 98 ATMs, including 3 innovative Mobile ATMs, further amplifying our accessibility.

2. Impressive Business Growth

 APGB experienced significant growth, with total business reaching Rs. 41,656 Crores as of March 31, 2023, a notable increase of Rs. 2,398 Crores from the previous year.

3. Deposits and Advances

The bank achieved a deposit level of Rs. 19,792 Crores and advances amounting to Rs. 21,864 Crores by the end of the fiscal year.

4. Broadening Reach

Banks commitment to serving the community is evident through a total of approximately 67.64 lakh deposit accounts and 16.10 lakh loan accounts.

5. Empowering Deposits

Low Cost Deposits, accounting for 37.06% of total deposits, exhibited a remarkable improvement of 276 basis points during FY 2022-23.

6. Exceptional Interest Rates

APGB stood out by offering a competitive interest rate of 7.35% per annum on deposits for Senior Citizens for a one-year period, a testament to our dedication to our customers’ financial well-being.

7. Fulfilling Priority Sectors

 The bank substantially exceeded RBI benchmarks, with Priority Sector Advances and Agriculture Advances accounting for 91.12% and 77.29% of total advances, respectively.


1. Seamless Core Banking

All 552 branches are seamlessly integrated into Core Banking Solutions (CBS), enabling convenient online transactions for customers.

2. Innovative Technological Solutions

APGB embraced the latest technological trends, introducing initiatives like APGB Digi Khata, BHIM QR code, WhatsApp Banking, E-Fixed Deposits, UPI & Mobile Banking registration through Aadhar, Dual Interface Cards, UPI Auto Pay, and more, enhancing customer experience.

3. Digital Empowerment

Rupay Cards were issued to 16.58 Lakh customers, while Mobile Banking and Internet Banking facilities reached 4.04 lakhs and 97,062 customers, respectively.

4. Enriched Financial Services

The introduction of Digi Khata and e-Fixed Deposit during FY 2022-23 garnered significant traction, contributing to a total mobilization of Rs. 22.63 Crores.

5. Financial Inclusion Through Technology

APGB embraced financial inclusion through technology, enrolling customers in Social Security Schemes and establishing Aadhaar Enrollment Centers.


1. Empowering Rural Communities

 APGB proudly adheres to the Government’s directives for Financial Inclusion, covering 2,775 villages and conducting 1,820 Financial Literacy Awareness Programs in FY 2022-23.

2. Enhancing Accessibility

Our Bank BCs extend door-to-door services, ensuring residents can access AEPS & RuPay Card Transactions, SB and PMJDY account opening, and RD account opening through Micro ATM.

3. Social Security Initiatives

 APGB actively implements Social Security Schemes, enrolling over 6,43,145 customers under PMJJBY, 15,17,746 under PMSBY, and 2,50,970 under APY.


Bank look ahead to FY 2023-24, APGB is committed to continuous growth and innovation:

1. Ambitious Business Target

APGB striving to achieve a business level of Rs. 45,500 Crores by March 31, 2024, building upon our current successes.

2. CASA Deposits Emphasis

Banks goal is to achieve 38% of CASA deposits out of total deposits during the year, ensuring stability and steady growth.

3. Digital Transformation

APGB will continue its digital journey, introducing Digital Lending, Social Banking, Cash Withdrawal through UPI, and other innovative services.

4. Strengthening Lending Portfolios

Our focus will be on enhancing Agricultural Term Loans, MSME, and Housing Loan Portfolios, catering to diverse customer needs.

5. Loan Recovery Priority

Loan recovery will be a prime focus, benefiting farmers through incentives and further contributing to their prosperity.

6. Expanded Social Security Enrolment

Enrolling maximum beneficiaries under Social Security Schemes remains a priority, empowering the unorganized economic sector.


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