EllaquaiDehati Bank, sponsored by State Bank of India, India's largest bank is jointly owned by the Govt. of India, State Bank of India and Jammu & Kashmir. The Bank has been established on the 16th of July 1979 under the RRBs Act1976.
The area of operation of the Bank was initially limited in 4 districts of Kashmir valley only but after the turmoil in the valley in 1989 and the migration of staff to plains, the area of operation was extended to the districts of Udhampur and Doda in 1992 and district Jammu in 1994. Later with the reorganization of district, Ramban, Reasi, Kulgam, Ganderbal and Shopian districts were also included in the area of operation of the Bank. Our bank has its presence in both the divisions of the J&K state and has at present a branch network of 133 Branches and six extension counters spread across thirteen districts of the State.
Over the years, the role of Regional Rural Banks has assumed greater significance in view of the increased focus on the development of the agriculture sector in particular and rural economy as a whole. Our Bank has fine-tuned its strategies to fulfil the role of a rural financial institution, is quite evident from the Bank's performance in previous years. State of Jammu and Kashmir The State of Jammu and Kashmir is undoubtly the most beautiful state in the country, surrounded by the mighty Himalayas and many other lofty mountain ranges the state is blessed with deep valleys and breathes taking sceneries. Tourism is the moneychurner in the Kashmir valley and Ladakh
region whereas pilgrimage tourism is giving constant throttle to the economy of
the Jammu region.