Special Correspondent

BANGALORE: Syndicate Bank-sponsored three regional rural banks (RRBs) in Andhra Pradesh Rayalaseema Grameena Bank, Sree Anantha Grameena Bank and Pinakini Grameena Bank have been amalgamated as Andhra Pragathi Grameena Bank with its headquarters at Kadapa.

The amalgamated entity covers five districts Anantpur, Kadapa, Kurnool, Prakasam and Nellore with a network of 332 branches and a total business of Rs. 3,886 crore, a statement from Syndicate Bank said here.