Complex sentence: Langpi Dehangi Rural Bank (LDRB), sponsored by State Bank Of India was established on 27 January 1982 under Section 3 (1) of Regional Rural Bank Act 1976.
Split into simpler sentences: Langpi Dehangi Rural Bank (LDRB), is an Indian rural bank (RRB). It was created on 27 January 1982 under Section 3 (1) of Regional Rural Bank Act 1976.