Canara Bank-Regional Rural Banks (RRBs)- Pragathi Krishna Gramin Bank

Canara Bank-Regional Rural Banks (RRBs) - KARNATAKA GRAMIN BANK
(Regional Rural Bank sponsored by Canara Bank)

Karnataka Gramin Bank is a Regional Rural Bank formed on 01.04.2019, under the Sub-Section (1) of Section 3 of the RRB Act 1976 (27 of 1976) under the sponsorship of Canara Bank vide Extraordinary Gazette notification F.No.7/8/2017-RRB (Karnataka) dated 22.02.2019 of Government of India.

The RRB with its Head Office at Ballari was formed by amalgamating the two RRBs of Karnataka namely Pragathi Krishna Gramin Bank sponsored by Canara Bank and Kaveri Gramin Bank sponsored by State Bank of India and covers 21 districts of Karnataka State.

The financial position and Network of Karnataka Gramin Bank as at 01.04.2019 is as under:

I. Date of Establishment: 01.04.2019
II. Share Capital: Rs. 117.64 crores
III. Reserves: Rs.1920.68 crores
IV. No. of Branches: 1167
V. Regional Offices: 19
VI. Area of Operation: 21 districts of Karnataka State viz.

S. No.	District	No. of branches
1	Ballari	90
2	Bengaluru ( R)	21
3	Bengaluru (U)	54
4	Bidar	54
5	Chamarajanagara	28
6	Chikamagaluru	56
7	Chikkaballapur	37
8	Chitradurga	84
9	Davanagere	65
10	Hassan	61
11	Kalaburgi	90
12	Kolar	45
13	Koppal	51
14	Madikere	26
15	Mandya	59
16	Mysuru	110
17	Raichur	66
18	Ramanagara	15
19	Shivamogga	43
20	Tumukuru	76
21	Yadgir	36
Total		1167

VII Total staff: 5359
VIII Deposits: Rs.25435 crores
IX Advances: Rs.21265 crores
X Total Business: Rs. 46700 crores
XI Profit before Tax: Rs. 775.44 crores
XII Profit after Tax: Rs. 111.91 crores

Karnataka Gramin Bank is in forefront in Technology implementation and digitization. Apart from Core Banking, ATMs, NEFT, RTGS implementation hitherto, RRB has ventured into AEPS on us, off-us transactions, Mobile Banking Apps, Internet Banking etc.

For further information please contact:

Mr. Veersh H Hallera,

Chief Manager, Karnataka Gramin Bank

Head office: 32, Sangankal Road

P.B. No.55, Gandhinagar, Bellary Karnataka -583 103

Ph: 08392-236406, 236444, 236446

E-Mail: dw.devp@kgbk.in

Web: www.karnatakagraminbank.com