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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