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Odisha Gramya Bank is established on 7th January 2013 with the amalgamation of Neelachal Gramya Bank, Kalinga Gramya Bank and Baitarani Gramya Bank as per the Government of India ,Department of Financial Services,Ministry of finanace,Notification No. F.1/1/2012-RRB dated 07.01.2013 issued under sub-section(1) of section 23A of Regional Rural BankAct 1976(21 of 1976).The share capital of the Bank is contributed by the Government of India(50%),the Government of Odisha(15%) and the Indian Overseas Bank(35%) .Indian Overseas Bank is the sponsor bank.
The Head Office of the Bank is loacated at Bhubaneswar.The bank has 9 regional offices located at Balasore, Baripada, Cuttack, Chandikhol, Dhenkanal, Jashipur, Khurda, Keonjhar and Pipli. The bank has a network of 547 branchesspreadover13DistrictsinOdishaStateviz.,Angul,Balasore,Bhadrak,Cuttack,Dhenkanal,Jajpur,Jagatsinghpur,
Kendrapada,Keonjhar,Khurda,Mayurbhanj,Nayagarh,Puri.
To provide training to our Staff members a Learning Centre is established at HO.Bank has set up Central Clearing Office at Bhubaneswar.Bank has a house magazine called ‘SRUSTI’ .