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Home >> Priority & SME Banking >> RRB Division >> Pragathi Gramin Bank
 
Pragathi Gramin Bank
 

CANARA BANK-REGIONAL RURAL BANKS (RRBs)- PRAGATHI GRAMIN BANK *

Pragathi Krishna Gramin Bank is a Regional Rural Bank formed on 23/08/2013, under the Sub-Section (1) of Section 3 of the RRB Act 1976 (27 of 1976) under the sponsorship of Canara Bank vide Extraordinary Gazette notification F.No.7/9/2011-RRB (Karnataka) dated 23/08/2013 of Government of India The RRB with its Head Office at Ballari was formed by amalgamating the two RRBs of Karnataka namely Pragathi Gramin Bank sponsored by Canara Bank and Krishna Grameena Bank sponsored by State Bank of India and covers 11 eastern districts of Karnataka State. Pragathi Krishna Gramin Bank, as at 31.03.2015, is the 2ND largest RRB in the country in terms total business.
(Figures as at 31.03.2015)
Date of Establishment 23/08/2013
Share Capital Rs.5 Crore
Share Capital Deposit Rs.58.66 Crores
Reserves Rs 887.81 Crores
No. of Branches 645
Area offices 10
Area of operation
11 Eastern districts of Karnataka State
1. Bellary
2. Raichur
3. Koppal
4. Davanagere
5. Chitradurga
6. Shimoga
7. Kolar
  8. Chikkaballapur
9. Gulbarga
10. Bidar
  11. Yadgir
Total staff 3031
Deposits Rs. 10104 Crores
Advances Rs.9362 Crorers
Profit before tax Rs. 195.43 Crores
Profit after tax Rs. 60.79 Crores
 
For further information please contact:
Mr. M G BHAT,
Chairman, Pragathi Krishna Gramin Bank
Head office: 32, Sangankal Road
P.B. No.55, Gandhinagar, Bellary Karnataka -583 103
Ph: 08392-255010, 257250, 257485, 255991, 255029
Fax- 08392-256886
E-MAIL: pkgbchairman@pkgbank.com
Web: www.pragathikrishnabank.com
 
* Pragathi Gramin Bank is formed by amalgamation of 4 Karnataka based RRBs sponsored by Canara Bank i.e. Tungabhadra Gramin Bank, Chitradurga Gramin Bank, Kolar Gramin Bank & Sahyadri Gramin Bank vide Extraordinary Gazette notification F.No.1(2)/2001-RRB dated 12/09/2005.