Company type | Bank |
---|---|
Industry | Banking, Insurance, Capital Markets and allied industries |
Predecessor | Cauvery grameena bank, Cauvery Kalpatharu Grameena Bank, Chikmagalur Kodagu Grameena Bank and Vishvesvaraya Grameena Bank |
Founded | 1 November 2012 |
Defunct | 31 March 2019 merged with newly formed Karnataka Gramin Bank |
Successor | Karnataka Gramin Bank |
Headquarters | |
Number of locations | 502 Branches in 10 Districts of South Karnataka Head Office: Mysore |
Area served | Karnataka |
Key people |
|
Products | Deposits, Personal Banking Schemes, C & I Banking Schemes, Agri Banking Schemes, SME Banking Schemes |
Services | Loans, Deposits, ATM Services, National Electronic Fund Transfer (NEFT), Internet Banking, Mobile Banking, Aadhaar Enabled Payment System, Debit Card [1] |
Total assets | [2] |
Number of employees | 1797 (as on 31 Mar 2016) [3] |
Parent | State Bank of India (35%) |
Website | karnatakagraminbank |
Kaveri Grameena Bank was a Regional Rural Bank established under Regional Rural Banks' Act 1976, was a Scheduled Bank jointly owned by Government of India, State Bank of India (formerly by State Bank of Mysore) and Government of Karnataka (share capital contributed in the ratio of 50 :35:15 respectively), permitted to carry all kinds of banking business. The Bank was operating in 22 Districts of South Karnataka, having its Head Office at Bellary City with Nine Regional Offices at Mysuru, Mandya, Bengaluru, Tumakuru, Hassan, Chamarajanagar, Madikeri, Chikmagulur and Ramanagara etc. [4]
The Bank was started as Cauvery Grameena bank and served Mysore, Hassan and Chamarajanagar districts. The bank was renamed as Kaveri Grameena Bank on 1 November 2012 (Sponsored by State Bank of Mysore) by Amalgamation of Cauvery Kalpatharu Grameena Bank, Chikmagalur Kodagu Grameena Bank and Vishvesvaraya Grameena Bank, Sponsored by State Bank of Mysore, Corporation Bank and Vijaya Bank respectively. [5] [6] [7]
The Headquarters of Kaveri Grameena Bank was located at Vijayanagar Second Stage, Mysore, which is now converted as IT Centre of Karnataka Gramin Bank, post merger. [8]
Year - event
The Kaveri is one of the major Indian rivers flowing through the states of Karnataka and Tamil Nadu. The Kaveri River rises at Talakaveri in the Brahmagiri range in the Western Ghats, Kodagu district of the state of Karnataka, at an elevation of 1,341 m above mean sea level and flows for about 800 km before its outfall into the Bay of Bengal. It reaches the sea in Poompuhar, in Mayiladuthurai district. It is the third largest river – after Godavari and Krishna – in southern India, and the largest in the state of Tamil Nadu, which, on its course, bisects the state into north and south. In ancient Tamil literature, the river was also called Ponni.
Mandya is a city in the state of Karnataka. It is the headquarter of Mandya district and is located 45 kilometres (28 mi) from Mysore and 100 kilometres (62 mi) from Bangalore.
State Bank of Mysore was a Public Sector bank in India, with headquarters at Bangalore. It was one of the five associate banks of State Bank of India, all of which were consolidated with the State Bank of India with effect from 1 April 2017.
Mysore district, officially Mysuru district, is an administrative district located in the southern part of the state of Karnataka, India. It is the administrative headquarters of Mysore division. Chamarajanagar District was carved out of the original larger Mysore District in the year 1998. The district is bounded by Chamrajanagar district to the southeast, Mandya district to the east and northeast, Kerala state to the south, Kodagu district to the west, and Hassan district to the north.
Mysore division, officially Mysuru division, is an administrative division in the southern Indian state of Karnataka. It is one of four administrative divisions in Karnataka, the others being Bangalore division, Belagavi division, and Kalaburagi division. Mysore division comprises eight districts of Karnataka, namely, Chamarajanagar, Chikmagalur, Dakshina Kannada, Hassan, Kodagu, Mandya, Mysore and Udupi district. The city of Mysore is the administrative headquarters of the division. Mysore division covers parts of historical Old Mysore region and southern part of Coastal Karnataka.The total area of the division is 43,503 sq.km. The total population as of 2011 census is 12,563,598.
Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.
Bayaluseeme or Bayalu Seeme is the area lying to the east of Malenadu, a region of Karnataka state in India. The area is largely open plain, with few hillocks. It includes the districts of Bangalore, Bagalkot, Bijapur, Chitradurga, Davanagere, Dharwad, Gadag, Hassan, Haveri, Mandya, Mysore, and Tumkur.
Tirumakudalu Narasipura the temple city of Karnataka, commonly known as T. Narasipura or T.N. Pura, is a town in Mysore district in the Indian state of Karnataka. The first name refers to the land at the confluence, (trimakuta in Sanskrit at the confluence of the Kaveri, Kabini and Spatika Sarovara.
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State Government in the ratio of 50:35:15 respectively. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches.
Halaguru or Halagur is a town in the southern state of Karnataka, India.
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges. Their main objective is social welfare.
Andhra Pragathi Grameena Bank is a Regional Rural Bank in India. It was established in 2006 as a Scheduled Commercial Bank as per Regional Rural Banks Act of 1976 to provide banking facilities in Ananthapuram, Kadapa, Kurnool, Nellore and Prakasam districts of Andhra Pradesh. It is under the ownership of Ministry of Finance, Government of India
Mysuru Mithra is an Indian Kannada language morning daily newspaper published from Mysore, India. A regional newspaper, it covers five districts: Mysuru, Mandya, Kodagu, Hassan and Chamarajanagar. This newspaper was launched in 1978. Its founder, editor and publisher is entrepreneur and writer K B Ganapathy.
The Karnataka Vikas Grameena Bank (KVGB), an Indian Regional Rural Bank sponsored by Canara Bank. It is under the ownership of Ministry of Finance, Government of India. The bank provides retail banking services to rural users and has 629 branches in areas of Karnataka, around North and Western Karnataka.
South Karnataka generally refers to the southern part of Karnataka state, excluding the coastal areas. It generally corresponds to former Mysore state. It is generally referred as Hale Mysuru Region in Kannada which translates to Old Mysore Region or OMR. Kannada dialect of South Karnataka is slightly different as compared to North Karnataka.
Hanumanthanagar is a locality in Bannimantap, a suburb of Mysore coming on the Northern side of the city. It is part of Mysore district in Karnataka state of India. Hanumanth Nagar is famous for the Jumbo Savari with the golden Howdah, a part of Mysore Dasara, which marks an end of the procession in Bannimantap via Highway Circle of Hanumanth Nagar.
Vijayanagar and Hebbal are two areas of Mysore city in India. the growth of technology-related industry in the first decade of the 21st century has resulted in the city emerging as the second largest software exporter in the state of Karnataka, next to Bangalore.
Krishna Grameena Bank was an Indian Regional Rural Bank (RRB) established under 1976 Act for Regional Rural Banks. It was merged into Pragathi Krishna Gramin Bank in august 2013 which would later be merged into Karnataka Gramin Bank.
Pragathi Gramin Bank was a Regional Rural Bank established under Regional Rural Banks' Act 1976, was a Scheduled Bank jointly owned by Government of India, Canara Bank and Government of Karnataka, permitted to carry all kinds of banking business. The Bank was operating in 9 districts of Karnataka, having its Head Office at Ballari.
Wellesley Bridge, Srirangapatna is an ancient stone bridge built in 1804 on the Highway road leading to Bangalore from Mysore in the state of Karnataka. This stone bridge is built across the north bank of the Cauvery River. When built it was the main first artery approach to the island town of Srirangapatna which was initially the capital city of the Wodeyar Dynasty of Mysore Kingdom after the death of Tipu Sultan in 1799. The bridge was dedicated to Marquis Wellesley who was the Governor-General of British India when it was completed, and it was inaugurated in October 1804. It was built under the overall supervision of Dewan, Purnaiah of the Kingdom of Mysore, as directed by the King Mummadi Krishnaraja Wodeyar.