Sarva Haryana Gramin Bank: Post Covid financial Overview

Abstract

The regional rural banks provides extension of ample banking services and other bank associated facilities such as credit for agriculture, promotion of rural savings, adoption of banking habits and self-reliance of rural masses through sufficient and significant distribution of funds.The Sarva Haryana Gramin bank is sole regional rural bank of Haryana state come into existence with some set objectives, motto of Sarva Samman Sarva Uthaan and a belief of Mahatma Gandhi i.e. the soul of India lives in its villages.The bank came into existence on dated 29^th November, 2013 under Regional Rural Bank Act 1976 (No. 21 of 1976) on implication of Government of India notification no. 7/9/2011-RRB, sponsored by Punjab National Bank. The present studyexamines thefinancial performance of Bank before, duringand post covid-19.The financial position of the bank is improved during Covid-19 pandemic phase in Haryana as the value of total income, net profit, and earning per share was remarkably high in the year 2021-22 while the accumulated value of non-performing assets is decreased in the same phase.