Jan 20, 2020 351


Kerala Gramin Bank or KGB in sum, is the largest Regional Rural Bank (RRB) in India with over ₹ 25 billion dollars in business, based in Malappuram in Kerala, India. The bank is jointly owned by central and state governments and sponsored by Canara Bank. KGB has the third largest branch network among all commercial banks operating in Kerala with 600 branches, 4 branches of services, 3 ultra small branches, 10 regional offices, more than 270 ATMs and 157 kiosk outlets throughout the state.

The bank's credit-deposit ratio is around 100%, which is the highest among all major banks in Kerala.The bank was formed by merging the North Malabar Gramin Bank and the South Malabar Gramin Bank in 2013. As a wholly state-owned company, KGB is at the forefront of fulfilling its social commitments and also in implementing various policies and plans formulated by government. It is having a dominant presence in all 14 districts of the state of Kerala and is the only Regional Rural Bank in the state. The bank achieved growth of 20% in the last year and plans to bring the branch network to 1,000 in a couple of years