Cauvery Kalpatharu Grameena Bank came into existence on 24th May 2006 by amalgamation of Cauvery Grameena Bank and Kalpatharu Grameena Bank- both Regional Rural Banks sponsored by State Bank of Mysore. The objective of amalgamation is to strengthen the Bank so that it can better cater to the needs of the clientele in the farm and non-farm sector more efficiently and contribute for the development of the area.
Consequent upon amalgamation, the operational area of the Bank spreads to seven districts viz., Mysore, Hassan, Bangalore Rural, Ramanagar, Bangalore Urban, Tumkur and Chamarajanagar districts. The Bank has 215 branches with a customer base of 11 lakhs (1.1 million).
In the area of operation, the Bank is a forerunner catering to the needs and aspirations of farming community, business class, professional and self employed persons, artisans engaged in cottage & tiny industries and other sections of the society.
The business turnover the Bank is over Rs 3897 crores from 215
branches – all computerized to extend efficient customer service with smile by 932 staff members. The Bank’s initiative in farming, nurturing and credit linking Self Help Groups have been appreciated in all forums. Bank has also formed and linked Joint Liability Groups .
The Bank has identified the wishes and aspirations of the clients and has number of innovative products to suit every needs. Details are furnished elsewhere.
As per the diective of RBI, all our 215 Branches are migrated to CBS & working in common platform.
Bank has taken up implementation of financial Inclusion and appointment of Business correspondents in villages where population is more than 2000 in the command area of the bank.
AWARDS:
i) The Bank has been adjudged as the BEST RRB by State Bank of India among the RRBs sponsored by Associates Banks of SBI for excellent performance in 2006-2007 and 2007-08.
ii) The Bank was honoured by NABARD for excellent performance in Credit Linkage of SHG for the year 2006-2007 and 2008-09 at the State Level.
Care and Concern for Customer is our motto
I extend a hearty welcome to the Bank’s website to know more about us. Your valuable suggestions for improvement of the Bank are always welcome.
L.T.AMBUJAKSHI
CHAIRPERSON |