DIRECTORS’ REPORT 2010-2011 -
The Board of Directors of Rewa Sidhi Gramin Bank, Rewa(M.P.) feels pleasure in placing the 34th Annual Report of the Bank together with the Balance Sheet and Profit & Loss Account for the year 2009-10 ending 31st March 2011.
INTRODUCTION -
Rewa Sidhi Gramin Bank was established on 20th Dec. 1976 with the main objective of playing a pivotal role in rural development and upliftment of weaker sections of the rural society in two backward and undeveloped districts of M.P. namely Rewa and Sidhi.Area of the bank now covers 3 Distts. by coming into existence of new Singrauli distt..
The area of operation of the bank has vast resources of minerals and forest products. The economy is predominantly agaragarian and of subsistence type, that too shaken generally by the natural calamities like drought, hailstorms, floods etc. Undulating hilly topography with meagre area under irrigated cultivation, poor infrastructure and absence of project linkages makes technique based agro- economic operations difficult.
BRANCH NETWORK -
During the year 6 new branches has been opened. 100 branches with 3 satellite offices covers the Bank's area of operation fully. 59 branches in Rewa district, 22 full fledged and 3 satellite branches in Sidhi district and 19 branches of the Bank are serving in Singrauli distt. 30 branches of Rewa district are directly controlled by Head Office through an Area Manager working as coordinator for these branches. Remaining branches are controlled by two area offices namely Mangawan and Sidhi.
Bank’s 17 branches are urban, 8 semi urban and 75 branches are of rural status.
CORE BANKING SOLUTIONS -
Bank has achieved the pride of being 1st CBS RRB of the country during the year. Our all 100 branches are facilitated with CBS during the year.
SHARE CAPITAL -
Including the share capital deposit of Rs.56776 thousand received during restructuring programme of RRBs on account of cleansing of balance sheet, the Bank’s authorised capital is Rs. 66776 thousand. An additional equity of Rs. 24491 thousand had also been allotted to the Bank for liquidity support.

The total capital of the Bank including share capital deposit has been at Rs.91267 thousand which is fully paid up by the share holders namely Govt. of India, Govt. of M.P. and Sponsor Bank in proportion of Rs.45633 thousand, Rs.13690 thousand and Rs.31944 thousand, respectively.
The contribution of all three shareholders in Share Capital and Share Capital Deposit is as under :-