North Malabar Gramin Bank

North Malabar Gramin Bank

Company type	Public Sector Bank, sponsored by Syndicate Bank
Industry	Financial Commercial banks
Founded	Estd. under Regional Rural Banks Act 1976
Defunct	7 July 2013 (2013-07-07)
Successor	Kerala Gramin Bank
Headquarters	Kannur, Kerala, India
Website	www.nmgbank.com

North Malabar Gramin Bank (NMGB; Malayalam: നോർത്ത് മലബാർ ഗ്രാമീൺ ബാങ്ക്) was a Regional Rural Bank in Kerala, India. It was established in 1976 as a Scheduled Commercial Bank as per the Regional Rural Banks Act of 1976 to provide banking facilities in the North Malabar region. It operated in seven districts of Kerala with the headquarters at Kannur, and had 222 branches as of 14 June 2013^[update]. The bank distinguished itself as one of the few profit making RRBs in India before its amalgamation.

On 8 July 2013, per a Government of India notification, North Malabar Gramin Bank (sponsored by Syndicate Bank) and South Malabar Gramin Bank (sponsored by Canara Bank) were amalgamated into a single entity as the Kerala Gramin Bank, with its head office at Malappuram, and Canara Bank as the sponsor bank, after consulting NABARD, the concerned sponsor banks and the Government of Kerala.^[1]

Board of directors

The bank's board of directors^[2] had the following members before its amalgamation into Kerala Gramin Bank

• P. Madhu, Chairman
• Dr Tapan Kumar Pradhan
• V. Asokan
• P. Dinesh

See also

• Kerala Gramin Bank
• Kerala Bank
• NMGB HomePage

References

Institutes

Central bank
Think tanks	BBB BCSBI NPCI IBA IDRBT
Speciality banks	IIBI IFCI All India Financial Institutions : Exim Bank of India NABARD NaBFID NHB SIDBI
Other	BIFR IBBI IBPS Deposit Insurance (DICGC)

Public-sector
banksPrivate-sector
banksForeign banks

Wholly owned subsidiary (WOS)	DBS Bank State Bank of Mauritius
Wound up/closed (or in process)	ABN AMRO (reopening plans as WOS) Antwerp Diamond Bank Citibank (retail bank sold to Axis Bank) Rabobank (announced) RBS (ending closure)

Small finance banksPayments banks

Surrendered licencees	Sun Pharmaceuticals Tech Mahindra
Wound up	Aditya Birla Vodafone m-pesa

Cooperative
banksRegional Rural
Banks

Andhra	Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank
Kerala	Kerala Gramin Bank North Malabar Gramin Bank South Malabar Gramin Bank
Uttar Pradesh	Allahabad UP Gramin Bank Gramin Bank of Aryavart Sarva UP Gramin Bank

Defunct banks

Merged	PSB New Bank of India Dena Bank Vijaya Bank Allahabad Bank Andhra Bank Corporation Bank Oriental Bank of Commerce United Bank of India Syndicate Bank SBI Bank of Bombay Bank of Calcutta Bank of Madras Imperial Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Bharatiya Mahila Bank Rescued Global Trust Bank (OBC) Lakshmi Vilas Bank (DBS) Nedungadi Bank (PNB) United Western Bank (IDBI) United Industrial Bank (Allahabad Bank) Punjab and Maharashtra Co-operative Bank (Unity SFB) Acquired Bank of Madura Bank of Rajasthan Bengal Central Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Grindlays Bank National Bank of India ING Vysya Bank Mercantile Bank of India, London and China Lord Krishna Bank Times Bank PSB Bharat Overseas Bank Pandyan Bank
Wound up	Bank of Chettinad Dass Bank Industrial Investment Bank of India
Failed	Alliance Bank of Simla Arbuthnot & Co Commercial Bank of India Exchange Bank of India & Africa (New) Oriental Bank Corporation Oudh Commercial Bank Madhavpura Mercantile Cooperative Bank
Liquidated	Bengal Bank (1784) Bank of Bombay (1720) Bank of Hindostan General Bank of India General Bank of Bengal and Bihar Nath Bank Palai Central Bank The Commercial Bank (1819) The Calcutta Bank (1824) The Union Bank (1828) The Government Savings Bank (1833) The Bank of Mirzapore (1835) Travancore National and Quilon Bank

Networks

Interbank networks	Cirrus NFS PLUS
ATM networks	BANCS Cashnet CashTree MITR

CardsOnline transfersPayment service
providers

Digital wallets	Amazon Pay BharatPe Freecharge Google Pay Mobikwik Oxigen Services Payoneer PayU CitrusPay LazyPay Payworld PhonePe

Related topics

Protocol and codes	Bharat Bill Payment System (BBPS) Indian Financial System Code (IFSC) National Unified USSD Platform (NUUP) Structured Financial Messaging System (SFMS)
Rates and ratios	Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR Mumbai Interbank Forward Offer Rate - MIFOR Statutory Liquidity Ratio - SLR Cash Reserve Ratio - CRR
Regulators	Insurance - IRDAI Banking - RBI Securities - SEBI Bankruptcy - IBBI
Insolvency, bankruptcy and reconstruction	Boards BIFR IBBI CERSAI Legislation IBC SARFESI Act Companies ARCIL Edelweiss ARC IAMCL
Legislation	Banking Regulation Act, 1949 Government Securities Act, 2006 IBC, 2016 NaBFID, 2021 RBI Act, 1934 SARFESI Act, 2002 Income-tax Act, 1961 Companies Act, 2013 Insurance Act, 1938 FEMA, 1999
Tribunals	Company Law - NCLT Appellate - NCLAT
Measures	Prompt Corrective Action
Other	Institute of Banking Personnel Selection Mumbai Consensus