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Old November 4th, 2017, 09:44 AM
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Default Re: The North Malabar Gramin Bank

Kerala Gramin Bank (KGB) is a Regional Rural Bank (RRB) shaped on 08.07.2013, under the Sub-Section (1) of Section 3 of the RRB Act 1976 (27 of 1976). The bank was framed by amalgamating the two RRBs of Kerala in particular South Malabar Gramin Bank and North Malabar Gramin Bank through a notice by the legislature of India.

KG Bank profile

The offer capital of the bank is Rs. 2 Crore contributed by the Central Government, State Government and Sponsor Bank in the proportion 50:15:35 separately. As on March 2017, Bank's aggregate Deposits remained at Rs. 15075 Crores and aggregate progress at 13735 Crore.

In spite of the fact that the bank is Regional Rural Bank, KGB conveys all the significant functionalities of a PSB. The real concentration of the bank is to start fitting intercession for general monetary upliftment and progression of the general population of Kerala by giving money related help to the divisions like Agriculture, Micro, Small and Medium Enterprises, training, lodging, smaller scale credit, weaker segments, SC/ST people group and so forth.

KGB has cut a specialty for itself through its 40 year old history of devoted and tweaked administration to the customer base by its forerunner RRBs. With 615 branches as on 31.03.2017, it is the second biggest bank in Kerala, as far as branch arrange. Its extensive branch organize spreads into the most profound and most remote corners of Kerala. Further, its CD proportion is the most noteworthy among significant banks of Kerala. KGB leads different Banks in the state in the quantity of people helped under Kisan Credit Card (KCC) and SME (Priority) plans.

Key Products

Recurring Deposit

Gold Loan

Agriculture Loan

Vehicle Loan

Board of Directors

Sri. Ravikrishnan M K
Kerala Gramin Bank,
Head Office, KGB Towers
Malappuram, Kerala

Nominee of Reserve Bank of India
Shri. V. Pahala
Asst. General Manager
Reserve Bank of India
Bakery Junction, PB No.6507
Thiruvananthapuram -33

Nominee of NABARD
Sri. B Nagesh Kumar
Deputy General Manager
Kerala Regional Office
Punnen Road, Statue
Thiruvananthapuram – 695 001

Nominee of Canara Bank
Smt. S. Suchitra,
Assistant General Manager
Canara Bank, Head Office
RRB Division, PC & FI Wing
112 JC Road

Nominee of Canara Bank
Sri. Sreekanth V.K
Assistant General Manager
Canara Bank
Kannur Regional office.

Nominee of Govt. Of Kerala
Smt. Prasanna Kumary M.C
Additional Secretary
Planning & Economic Affairs Dept.
Government Secretariat.
Answered By StudyChaCha Member
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