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Karnataka Vikas Grameena Bank Honored with National Award by PFRDA

Karnataka Vikas Grameena Bank Honored with National Award by PFRDA
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Karnataka Vikas Grameena Bank Honored with National Award by PFRDA

CategoryDetails
Award RecipientKarnataka Vikas Grameena Bank (KVGB)
Awarding AuthorityPension Fund Regulatory and Development Authority (PFRDA)
Award Received ForSignificant enrolment under Atal Pension Yojana (APY)
Award Received ByShreekant M Bhandiwad, Chairman of KVGB
Award Presented ByVivek Joshi, Secretary, Department of Financial Services, and Deepak Mohanty, Chairman of PFRDA
Date of AwardJune 21
APY Enrolment (Cumulative)4,27,736 accounts
APY Enrolment (2023-24)86,350 accounts (Target: 67,932)
Average Accounts per Branch137 (Target: 100)
Regional RankHighest among all banks in South India
Social Security SchemesPMJJBY, PMSBY, APY
Branch Network629 branches across nine districts from Vijayapura to Mangaluru

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