Welcome to  KRISHNA GRAMEENA  BANK


 
ABOUT US

 
Krishna Grameena Bank (KGB) is a Regional Rural Bank established in terms of provisions of Regional Rural Banks Act 1976 & is sponsored by State Bank of India.

The shareholders of the Bank are Govt. of India (50%), State Bank of India(35%) and  Govt. of Karnataka (15 %).

The Bank is established on 01-12-1978. The area of operation of the Bank comprises three districts viz., Gulbarga, Bidar and Yadgir. The present Branch network is 119, of which 94 branches functioning in rural area, catering to the needs of farming community, rural artisans and other  Rural mass.

Krishna Grameena Bank is pioneer in promoting & extending financial assistance to Self Help Groups (SHGs)

 

So far, the Bank has credit linked 8042  SHGs out of total 8841 SHGs who are having SB a/c s with the Bank. The aggregate quantum of micro finance to SHGs is Rs 40.69 Crores.

 

The Bank has bagged Third Prize from NABARD for best performance in SHG Bank Linkage Programme in Karnataka state during 2005-06. The Bank is at I Postion among RRBs sponsored by State Bank of India

 

The Bank is one of the TWO RRBs in India ,selected by  NABARD for implementation of SMART CARDS PILOT PROJECT, wherein Processor Cards are used by SHG members to know balances in their SB a/c s and to draw the money without bothering to Branch Manager/Rural Development Officer.

 

Thus the Bank has emerged as Small Man’s Bank in it’s area of operation.


 

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