https://indianpedia.org/index.php?action=history&feed=atom&title=Kerala_Grameena_BankKerala Grameena Bank - Revision history2026-08-01T03:04:15ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Kerala_Grameena_Bank&diff=509280&oldid=prevNeeraj Singh Creator at 02:37, 3 February 20262026-02-03T02:37:23Z<p></p>
<p><b>New page</b></p><div>{{Short description|Indian regional rural Bank}}<br />
{{Use Indian English|date=May 2013}}<br />
{{Use dmy dates|date=December 2020}}<br />
{{Infobox company<br />
| name = Kerala Grameena Bank<br />
| former_name = Kerala Gramin Bank (2013–2025)<br />
| logo = KGB logo.png<br />
| native_name = '''കേരള ഗ്രാമീണ ബാങ്ക്'''<br />
| type = [[Regional rural bank]]<br />
| industry = [[Banking]]<br>[[Financial services]]<br />
| fate = <br />
| predecessor = [[South Malabar Gramin Bank]] <br /> [[North Malabar Gramin Bank]]<br />
| successor = <!-- or: | successors = --><br />
| founded = {{Start date and age|df=yes|2013|07|08}}<br />
| founder = <!-- or: | founders = --><br />
| defunct = <!-- {{End date|YYYY|MM|DD}} --><br />
| hq_location_city = [[Malappuram]], [[Kerala]], India<br />
| hq_location_country = <br />
| area_served = [[Kerala]], India<br />
| num_locations = 635 branches (2026)<br />
| key_people = Vimala Vijaya Bhaskar<br> ([[Chairman]] )<br />
| products = {{Bulleted_list|[[Retail banking|Consumer banking]]|[[Commercial bank|Corporate banking]]|[[Financial services|Finance and insurance]]|[[Mortgage loan]]s|[[Private banking]]|[[Savings]]|[[Asset management]]|[[Wealth management]]}}<br />
| owner = [[Government of India]] (50%)<br />
[[Government of Kerala]] (15%)<br />
[[Canara Bank]] (35%)<br />
| num_employees = <br />
| num_employees_year = <!-- Year of num_employees data (if known) --><br />
| parent = [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]<br />
| website = {{URL|https://kgb.bank.in/}}<br />
}}<br />
<br />
'''Kerala Grameena Bank (KGB)''' is an Indian [[regional rural bank]] (RRB), headquartered in [[Malappuram]], [[Kerala]]. Like other RRBs, the [[Government of India]] holds the majority 50% shares, while the [[Government of Kerala]] holds 15% and [[Canara Bank]] owns the remaining 35% stake. On October 23, 2025, [[Ministry of Finance]], [[Government of India]] renamed several [[Regional Rural Bank]]s (RRBs) to align them with their states. According to Government of India Notification No. S.O. 4836(E) '''Kerala Gramin Bank''' became '''Kerala Grameena Bank'''.<ref>{{Cite web |last=Egazette |title=Egazette |url=https://egazette.gov.in/WriteReadData/2025/267093.pdf |access-date=2025-10-25 |website=Egazette}}</ref><br />
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== History ==<br />
The bank was formed by amalgamating [[North Malabar Gramin Bank]] and [[South Malabar Gramin Bank]] on 8 July 2013 by the [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]. The bank serves the area previously operated by the two banks. It is sponsored by [[Canara Bank]]. Like other RRBs, [[Government of India]] holds the majority 50 percent shares, while the [[Government of Kerala|state government]] and [[Canara Bank]] holds 15 percent and 35 percent, respectively. As of 2013, KGB had 504 branches and a total [[net worth]] of ₹471.58 crore and deposits of ₹7,266 crore and advances of ₹7,761 crore, with a total business of ₹15,027 crore.<ref>{{cite web|url=http://www.thehindubusinessline.com/industry-and-economy/banking/formation-of-kerala-gramin-bank-notified-following-merger-of-two-rrbs/article4897744.ece |title=Formation of Kerala Gramin Bank notified following merger of two RRBs |work=Business Line|date=2013-07-09 |access-date=2013-09-14}}</ref><ref>{{cite web|last=Viswanath |first=Chandrakanth |url=http://newindianexpress.com/business/KGB-to-expand-operations-in-all-Panchayats/2013/07/15/article1684401.ece |archive-url=https://web.archive.org/web/20130921060705/http://newindianexpress.com/business/KGB-to-expand-operations-in-all-Panchayats/2013/07/15/article1684401.ece |url-status=dead |archive-date=21 September 2013 |title=KGB to expand operations in all Panchayats |publisher=The New Indian Express |date=2013-07-15 |access-date=2013-09-14}}</ref><br />
[[File:KGBhq.jpg|thumb|alt=Kerala Grameena Bank Headquarters at [[Malappuram]]|Kerala Grameena Bank Headquarters at [[Malappuram]]]]<br />
On October 23, 2025, [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]] renamed the bank from Kerala Gramin Bank to Kerala Grameena Bank.<ref>{{Cite web |title=Government Renames Multiple Regional Rural Banks Across India |url=https://thekanal.in/en-IN/details/government-renames-multiple-regional-rural-banks-across-india-10547 |access-date=2025-10-26 |website=thekanal.in}}</ref><br />
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==Performance==<br />
In 2021-2022 fiscal year, KGB made a profit of ₹124.14 crore, nearly four times compared to the profit of the previous fiscal year. The net interest income had grown by 23 percent and non-interest income by 27 percent. KGB had a deposit of ₹21,834 crore. The bank registered 8.4% growth in deposit. The credit also increased by 4.5 percent. With a clientele base of 92.34 lakh, KGB's total business grew by 6.50 percent to reach ₹41,113 crore, which was ₹38,607 crore in the previous fiscal.<ref>{{cite news |author=Staff Reporter |title=Kerala Gramin Bank improves performance |url=https://www.thehindu.com/news/national/kerala/kerala-gramin-bank-improves-performance/article65504678.ece |access-date=15 October 2023 |work=[[The Hindu]] |date=7 June 2022 |language=en-IN}}</ref><br />
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==See also==<br />
{{Portal|Banks}}<br />
* [[Banking in India]]<br />
* [[List of banks in India]]<br />
* [[Reserve Bank of India]]<br />
* [[Indian Financial System Code]]<br />
* [[Kerala Bank]]<br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
{{Official website|Https://www.kgb.bank.in|name=Official website}}<br />
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[https://netbanking.kgb.bank.in Internet Banking]<br />
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{{Canara Bank}}<br />
{{Banking in India}}<br />
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[[Category:Regional rural banks of India]]<br />
[[Category:Banks based in Kerala]]<br />
[[Category:Banks established in 2013]]<br />
[[Category:2013 establishments in Kerala]]<br />
[[Category:Indian companies established in 2013]]<br />
[[Category:Canara Bank]]<br />
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{{india-company-stub}}<br />
{{asia-bank-stub}}</div>Neeraj Singh Creator