Karnataka Grameena Bank receives national award for outstanding APY performance
Karnataka Grameena Bank has received a National Award from the Pension Fund Regulatory and Development Authority for its exceptional performance in the Atal Pension Yojana. The bank enrolled 249,185 APY accounts, surpassing its target by 142%, making it the top performer among banks in the state. Chairman Shreekant M. Bhandiwad emphasized the importance of the scheme in providing social security to unorganised sector workers.
- ▪Karnataka Grameena Bank was awarded for outstanding performance in the Atal Pension Yojana.
- ▪The bank enrolled 249,185 APY accounts, exceeding the target of 175,500 accounts.
- ▪It is the only Regional Rural Bank in the state with a network of 1,750 branches.
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Karnataka Grameena Bank has been honoured with a prestigious National Award by the Pension Fund Regulatory and Development Authority (PFRDA), New Delhi, for its outstanding performance in enrolment under the Atal Pension Yojana (APY).Chairman of Karnataka Grameena Bank Shreekant M. Bhandiwad received the award from Secretary, Department of Financial Services (DFS), M. Nagaraju and Chairperson, PFRDA, S. Raman during the APY Annual Felicitation Programme in New Delhi on Wednesday.Karnataka Grameena Bank achieved a remarkable milestone by enrolling 2,49,185 APY accounts against the DFS/PFRDA target of 1,75,500 accounts, registering an achievement level of 142%, the highest among all banks in the State.Karnataka Grameena Bank was formed last year by amalgamating two RRBs of the State and now…
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