Move to relocate APGB office triggers resentment in Andhra
KADAPA: The Central government’s decision to relocate the Andhra Pragathi Grameena Bank headquarters from Kadapa to Amaravati has triggered widespread protests across Kadapa and surrounding districts. Stakeholders argue that the move undermines local employment opportunities and disrupts financial services in the economically backward Rayalaseema region. The relocation is part of the Centre’s ‘One State-One Regional Rural Bank ’ policy, aimed at merging Andhra Pradesh’s four rural banks—APGB, Chaitanya Godavari Grameena Bank, Saptagiri Grameena Bank, and Andhra Pradesh Vikas Grameena Bank—into a single entity. Established in 2006, APGB’s Kadapa head office manages a business volume of Rs 46,344 crore, making it one of the largest RRBs in India.
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