Current Affairs - Banking - Discussion

Karnataka Grameena Bank was honoured with the ‘National Award for Outstanding Performance in SHG Bank Linkage 2024-25’ by the Union Ministry of Rural Development for its exceptional contribution to rural empowerment and financial inclusion. The bank has played a crucial role in supporting Self-Help Groups (SHGs) by extending ₹2,835 crore in credit to over 80,000 groups, primarily benefiting rural women. Its efforts are aligned with the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission, and its strengthened institutional structure has further enhanced its outreach and effectiveness.