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Jammu and Kashmir Grameen Bank (JKGB), was established on 30th June 2009 after amalgamation of two erstwhile RRBs viz. JRB and KRB in accordance with GOI Notification dated 30th June 2009 issued under sub- section (1) of section 23A of the RRB Act, 1976 (21 of 1976)as a joint venture of Government of India,Government of J&K and the Jammu and Kashmir Bank Ltd.(Sponsor Bank) with its Head Office at Jammu.The Bank has authorized capital of Rs.5 crore and issued ,subscribed and paid up capital of Rs.2 crore, comprising of Two lac shares of Rs.100/- each.

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