Introduction

 Karnataka Gramin Bank:

Karnataka Gramin Bank: A Quick Look

Feature

Description

Details

Type of Bank

Regional Rural Bank

Karnataka Gramin Bank is a special type of bank in India. It focuses on helping people in villages and small towns.

Location

South India

The bank is mainly found in the southern part of India, in a state called Karnataka.

Importance

Supports Rural India

Regional rural banks, like Karnataka Gramin Bank, play a big role. They help people in the countryside with their money needs.

Karnataka Gramin Bank is not just any bank. It’s a bank that has a big job. It helps people in the countryside of Karnataka. These banks are important because they make sure everyone, even in small villages, can use banking services.

Historical Performance

Yearly Business Growth: A Comparison

Year

Business Amount (in Crores)

What Does This Mean?

2021-22

₹57,210

In the year 2021-22, the bank did business worth ₹57,210 crore. This is a big number!

2022-23

₹61,203

The next year, they did even better. The business grew to ₹61,203 crore.

Every year, the bank tries to do better than the last. And guess what? They succeeded! In the year 2022-23, they did more business than the previous year. This shows that the bank is growing and doing well.

Bank’s Leadership and Vision

Meet the Leader: G.R. Dilli Babu

Position

Who is He?

His Contribution

Chairman

G.R. Dilli Babu

Mr. Babu is the big boss of the bank. He shared how the bank did in the past year. Thanks to his leadership, the bank is doing great!

Every team needs a good leader. For Karnataka Gramin Bank, that leader is Mr. G.R. Dilli Babu. As the Chairman, he makes sure the bank is on the right path. He recently talked about how well the bank is doing. It’s clear that under his guidance, the bank is reaching new heights.

Bank’s National Standing

How Big is Karnataka Gramin Bank?

Rank

Status

Why is This Important?

2

Second Largest Regional Rural Bank in India

Being the second biggest of its kind in the whole country is a big deal. It shows that the bank is trusted by many people.

In the big world of banks, Karnataka Gramin Bank stands tall. It’s the second-largest regional rural bank in all of India. That’s impressive! This means many people believe in this bank and use its services.

Financial Highlights

Understanding CASA Growth

Term

Full Form

What’s It About?

CASA

Current Account Savings Account

CASA is a combo of two types of bank accounts. A high CASA means the bank is doing well because people trust it with their daily money needs.

Growth

9.68%

In the last year, the bank saw a 9.68% growth in CASA. This is a good sign. It means more people are opening and using these accounts.

Money kept in the bank can be in different types of accounts. CASA is a popular choice. Why? Because it’s flexible. The bank saw a growth in CASA, which is great news. It means people trust the bank more.

Agriculture and Loans

Sector

Amount (in Crores)

Details

Agriculture

₹21,912

The bank gave out loans worth ₹21,912 crore to farmers and others in the agriculture sector. This helps them grow crops and feed people.

Kisan Credit Card

₹4,132

Farmers got loans using something called a Kisan Credit Card. This card helps them borrow money easily.

Farmers need money to grow food. The bank helps them by giving loans. With these loans, farmers can buy seeds, tools, and more. The bank also offers a special card for farmers to make borrowing easier.

Profitability and Earnings

How Much Did the Bank Earn?

Type of Profit

Amount (in Crores)

What Does This Mean?

Gross Profit

₹808

Before taking out all the costs, the bank made ₹808 crore. That’s a lot of money!

Net Profit

₹7.56

After all expenses, the bank still had ₹7.56 crore left. This is the money they truly earned.

Earning money is a sign of success for any business. For Karnataka Gramin Bank, the news is good. They earned a lot of money last year. This shows the bank is strong and can keep serving its customers.

Network and Outreach

Branches and ATMs: Reaching Out to People

Type

Number

Why is This Cool?

Branches

1,121

The bank has 1,121 places where people can go and do their banking. That’s a lot of branches!

Mobile ATMs

5

These are special vans with ATMs inside. They go to places where there’s no bank nearby. People can get cash easily.

Having many branches means the bank is everywhere. People can find it easily. But what if there’s no branch nearby? No worries! The bank has mobile ATMs. These are like mini-banks on wheels. They go to villages and towns, making life easier for many.

Conclusion

Karnataka Gramin Bank is more than just a bank. It’s a friend to the people of Karnataka. With its strong financial health, wide network, and focus on helping farmers, the bank is truly special. As it grows, it promises to keep serving its customers with the same dedication and care.

FAQ

Karnataka Gramin Bank is a regional rural bank located in the state of Karnataka, India.
The bank operates primarily in the southern part of India, specifically in Karnataka.
They play a crucial role in providing banking services to people in rural and semi-urban areas, ensuring financial inclusion.
The bank achieved a total business of ₹61,203 crore in the 2022-23 financial year.
The bank is led by its Chairman, Mr. G.R. Dilli Babu.
It holds the position of the second-largest regional rural bank in India.
CASA stands for Current Account Savings Account. It’s a combination of the current account and savings account in a bank.
The bank registered a growth of 9.68% in CASA in the recent financial year.
Yes, the bank has provided loans worth ₹21,912 crore to the agriculture sector.
It’s a special card offered to farmers to help them easily borrow money for agricultural needs.
The bank boasts a network of 1,121 branches spread across Karnataka.
What are mobile ATMs?.
Mobile ATMs are vans equipped with ATM machines. They travel to areas without bank branches, providing banking services.
The bank has disbursed loans of up to ₹2,103 crore for non-agricultural activities.
Yes, the bank has consistently earned profits since its inception.
Gross profit is the profit before deducting all expenses, while net profit is the amount left after all expenses are taken out.

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