Kaveri Grameena Bank has drawn up an ambitious plan of opening 80 new branches in its area of operation to meet the obligations under financial inclusion and to expand its base.

The bank has also proposed to provide ATM facility to its customers through SBI network.

Arrangements are also afoot to provide facilities such as Real Time Gross Settlement (RTGS) to cater to the needs of the business community, said chairman D. Somashekara Sastry.

The bank covers Mysore, Mandya, Kodagu, Hassan, Chamarajnagar, Tumkur, Bangalore Rural, Bangalore Urban, Ramanagaram and Chikmagalur districts.

“The bank has been consistently showing good performance under the SHG linkage programme and the performance of the bank has been recognised by the NABARD regional office, Bangalore, which has awarded first prize under the RRB category for highest share of SHG business to overall business among RRBs in the State for the sixth consecutive year,” he said in a release here.

Appreciated

The Sampoorna Grama Concept, where the bank covered all the inhabitants by way of providing solar energy services, insurance facilities, Kisan credit card facilities , received appreciation from all quarters, including government agencies, Mr. Sastry stated.

source: http://www.thehindu.com / The Hindu / Home> National> Karnataka / by Staff Corrrespondent / Mysore, May 14th, 2013