Kaveri Grameena Bank
Native name | ಕಾವೇರಿ ಗ್ರಾಮೀಣ ಬ್ಯಾಂಕ್ |
|---|---|
| Regional Rural Bank | |
| Industry | Banking, Insurance, Capital Markets and allied industries |
| Predecessor | Cauvery Kalpatharu Grameena Bank, Chikmagalur Kodagu Grameena Bank and Vishvesvaraya Grameena Bank |
| Founded | 1 November 2012 as Kaveri Grameena Bank |
| Headquarters | Mysore |
Number of locations |
473 Branches in 10 Districts of South Karnataka Head Office: Mysore |
Area served | Karnataka |
Key people |
|
| Products | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
| Services | Loans, Deposits,ATM Services, National Electronic Fund Transfer (NEFT), Internet Banking, Debit Card[1] |
| Total assets | [2] |
Number of employees | 1846 (as on 02 Nov 2015) |
| Parent | State Bank of Mysore (holds 35.00% shares) |
| Slogan | ನಿಮ್ಮ ನಂಬಿಕೆಯೇ ನಮ್ಮ ಆಸ್ತಿ |
| Website |
www |
Kaveri Grameena Bank (Kannada:ಕಾವೇರಿ ಗ್ರಾಮೀಣ ಬ್ಯಾಂಕ್) is a Regional Rural Bank established under Regional Rural Banks’ Act 1976, is a Scheduled Bank jointly owned by Government of India, State Bank of Mysore and Government of Karnataka (share capital contributed in the ratio of 50 :35:15 respectively), permitted to carry all kinds of banking business. The Bank is operating in 10 Districts of South Karnataka, having its Head Office at Mysore City with eight Regional Offices at Mysore, Mandya, Bangalore, Tumkur, Hassan, Chamarajanagar, Madikeri and Chikmangulur with 8 IT officers
The Bank came into existence on 1 November 2012 (Sponsored by State Bank Of Mysore) by Amalgamation of Cauvery Kalpatharu Grameena Bank, Chikmagalur Kodagu Grameena Bank and Vishvesvaraya Grameena Bank, Sponsored by State Bank of Mysore, Corporation Bank and Vijaya Bank respectively.
History
Year - event
- 2012 - The Bank was established as 'Kaveri Grameena Bank', on 1 November.[3]
- 2014 - Bank has recorded a growth rate of 36.52 per cent during 13-14.[4][5]
- 2014 - Bank launches financial inclusion scheme.[6]
- 2014 - Bank opens four branches in Mandya district.[7]
- 2015 - The Cauvery Grameena Bank has enrolled over 48,000 subscribers for the PMSBY in Mysore.[8]
- 2015 - Kavery Grameena Bank has enrolled 1,01,104 subscribers to the insurance schemes underlining the popularity of the social security schemes in rural areas.[9]
- 2015 - The Kaveri Grameena Bank plans to extend internet and mobile banking services to its customers.[10]
See also
References
- ↑ http://www.kaverigrameenabank.com/index.php/about-us/performance-highlights
- ↑ http://www.kaverigrameenabank.com/index.php/about
- ↑ "Bank merge". Thehindu.com. 2012-11-03.
- ↑ "Kaveri Grameena Bank records growth rate of 36.52 p.c.". Thehindu.com. 2014-05-07.
- ↑ "Kaveri Grameena Bank net up 36.5% in FY14". Business Standard. 2014-05-06.
- ↑ "KGB launches financial inclusion scheme". Thehindu.com. 2014-08-14.
- ↑ "KGB opens four branches in Mandya district". Thehindu.com. 2014-10-31.
- ↑ "1.96 lakh enrol for Centre’s two insurance schemes in Mysuru district". Thehindu.com. 2015-05-31.
- ↑ "Special drive to popularise social security schemes". Thehindu.com. 2015-07-17.
- ↑ "Kaveri Grameena Bank to introduce internet services". Thehindu.com. 2016-01-01.
External links
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