South Malabar Gramin Bank
Encyclopedia
South Malabar Gramin Bank (SMGB) is the largest Regional Rural Bank in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. It was established in 1976 as a Scheduled Commercial Bank as per Regional Rural Banks Act of 1976 which is headquartered at Malappuram
Malappuram
Malappuram is a municipality in the South Indian state of Kerala, spread over an area of 33.61 km2. It serves as the administrative headquarters of Malappuram district. As per the 2011 census Malappuram urban agglomeration is the fourth largest UA in kerala with a total population of...

 in kerala.Its area of operation is limited to 6 districts in Kerala
Kerala
or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

, India. It finances farm & non-farm sectors and other employment generation programs through its 216 branches spread over these 6 districts.

SMGB is a sponsored bank of Canara Bank
Canara Bank
Canara Bank is a state-owned financial services company in India. It was established in 1906, making it one of the oldest banks in the country. As on 2009 November, the bank had a network of 3057 branches, spread across India...

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