Panjab National Bank has sponsored in all 6 such RRBs in 6 different states of the country of which one is in Bihar.
Madhaya Bihar Gramin Bank Sponsored by Punjab National Bank was established under Regional Rural Bank Act, 1976 and by
Govt. of India, Ministry of Finance, Economic affairs and Banking Division notification no. F. No. 1(1) 2006-RRB dated
10.02.2006 by amalgamating four RRBs viz. Bhojpur Rohtas Gramin Bank, Magadh Gramin Bank, Nalanda Gramin Bank and
Patliputra Gramin Bank. The bank is categorized under scheduled banks and is authorised for all types of banking
business under section 5(B) of Banking Regulation Act 1949.