Karnataka Grameena Bank Receives National Award for SHG-Bank Linkage 2024-25
In March 2026, the Ministry of Rural Development (MoRD) conferred the National Award for Outstanding Performance in Self-Help Groups (SHG)-Bank Linkage 2024-25 to Karnataka Grameena Bank(KGB) for its significant contribution to rural economic empowerment and financial inclusion.
About KGB Achievement:
Award Presentation: Union Minister Shivraj Singh Chouhan, MoRD, presented the award to V. M. Rukmini Devi, General Manager (GM) of KGB, during the National Conference on Financial Literacy and Capacity Building and the 25th Central Level Coordination Committee (CLCC) meeting held in Hyderabad, Telangana.
SHG Support: Aligned with the objectives of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM), the bank has extended Rs 2,835 crore credit to 80,904 SHGs.
About KGB: It is a Regional Rural Bank (RRB) formed on 1 May 2025 through the amalgamation of Karnataka Gramin Bank and Karnataka Vikas Grameena Bank; it is headquartered in Ballari, Karnataka, and sponsored by Canara Bank.