Karnataka Grameena Bank Wins National SHG Award 2024–25

Karnataka Grameena Bank Wins National SHG Award 2024–25

Daily Current Affairs   /   Karnataka Grameena Bank Wins National SHG Award 2024–25

Change Language English Hindi

Category : Awards Published on: March 27 2026

Share on facebook

Karnataka Grameena Bank received the National Award for Outstanding Performance in Self-Help Group (SHG) Bank Linkage for 2024–25 from the Union Ministry of Rural Development. The award was presented by Union Minister Shivraj Singh Chouhan at the National Conference on Financial Literacy and Capacity Building in Hyderabad.

Key Contribution:

  • Extended credit of ₹2,835 crore to over 80,904 SHGs.
  • Focus on women-led groups for income generation, entrepreneurship, and financial independence in rural areas.

Alignment: Supports Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) for poverty alleviation through community institutions. The bank’s performance improved after the ‘One State – One Rural Bank’ consolidation of RRBs in Karnataka.

Recent Post's
  • ITC becomes the first Indian company to receive global FSA 3.0 certification for wheat and paddy.

    Read More....
  • HAL and GE Aerospace sign a landmark agreement for co-production of F414 jet engines in India.

    Read More....
  • Government approves ₹91,000 crore Tata Semiconductor SEZ in Dholera, Gujarat.

    Read More....
  • Bank of Baroda partners with Reliance Jio to launch ‘bob World Lite’ app for feature phone users.

    Read More....
  • India and New Zealand signed a landmark Free Trade Agreement on April 27.

    Read More....
  • Mumbai Cricket Association becomes first state body to introduce annual contracts for domestic cricketers.

    Read More....
  • Lok Sabha introduces Constitution (131st Amendment) Bill for women’s reservation and delimitation.

    Read More....
  • Scientists discover microorganisms can survive harsh Martian conditions in lab simulation.

    Read More....
  • The government collaborates with Femina Miss India for “Vishwa Sutra – Weaves of India for the World”.

    Read More....
  • Ministry of Coal to launch 15th Round of Commercial Coal Mine Auctions on April 17, 2026.

    Read More....