The Karnataka Vikas Grameena Bank (KVGB) got the award for the best ‘Digital Financial Services’, in line with India’s vision of ‘Atmanirbhar Bharat’, under the ‘Regional Rural Banks’ (RRBs) category by Associated Chambers of Commerce and Industry of India (ASSOCHAM). Bank chairman P. Gopikrishna received the award from Reserve Bank of India Regional Director R. Gurumurthy in Bengaluru.
Around 40 villages in Karnataka are converted into 100% digital villages by the KVGB bank. These efforts are encouraging villagers to use digital mode for transactions. Those villages have round-the-clock access to Internet banking, mobile banking, micro ATMs, AEPS (Aadhar Enabled Payment Systems), IMPS, and UPI.
Important takeaways for all competitive exams:
- Karnataka Vikas Grameena Bank Founded: 2005;
- Karnataka Vikas Grameena Bank Headquarters: Dharwad, Karnataka;
- Karnataka Vikas Grameena Bank Chairman: P. Gopikrishna.