Award for Karnataka Vikas Grameena Bank ( KVGB) insurance effort

Posted on:17 Sep 2016 09:23:18

Award for Karnataka Vikas Grameena Bank  ( KVGB) insurance effort
17 September 2016 Current Affairs GK: Dharwad-headquartered Karnataka Vikas Grameena Bank has bagged four awards for inclusive insurance for 2016 from Skoch Group. 

The bank, which operates in nine districts of Karnataka covering 57 taluks, has brought 28 lakh people under Pradhan Mantri Jeevan Jyoti Bima Yojna, PM Suraksha Bima Yojna and PM Jan Dhan Yojna.

The Karnataka Vikas Grameena Bank , a Regional Rural Bank, was constituted on 12 September 2005 after amalgamation of four Regional Rural Banks (RRBs) namely Malaprabha Grameena Bank, Bijapur Grameena Bank, Varada Grameena Bank and Netravathi Grameena Banks as per recommendations of the Narasimhan Committee under Government of India Notification dated 12 September 2005. 

 

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