Karnataka Vikas Grameena Bank
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Karnataka Vikas Grameena Bank
The Karnataka Vikas Grameena Bank (KVGB), an Indian Regional Rural Bank sponsored by Canara Bank. It is under the ownership of Ministry of Finance , Government of India. The bank provides retail banking services to rural users and has 629 branches in areas of Karnataka, around North and Western Karnataka. History The bank was constituted on 12 September 2005 after amalgamation of four Regional Rural Banks (RRBs) namely Malaprabha Grameena Bank, Bijapur(Vijayapura) Grameena Bank, Varada Grameena Bank and Netravathi Grameena Banks as per recommendations of the Narasimhan Committee under Government of India Notification dated 12 September 2005. All four amalgamated RRBs were sponsored by Syndicate Bank(Now Canara Bank) and were located in Karnataka. After amalgamation in 2005, the level of the bank’s business was around 23263.73 Crore. After the merger, the RRB was named Karnataka Vikas Grameena Bank with its head office at Dharwad under the sponsorship of Syndicate Bank. Shreek ...
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Regional Rural Bank
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance , Government of India. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches. The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State. RRBs perform various functions such as providing banking facilities to rural and semi-urban areas, carrying out government operations like disbursement of wages of MGNREGA workers and distribution of pensions, providing para-banking facilities like locker facilities, debit and credit cards, mobile banking, internet banking, and UPI services. History Regional Rural Banks were established under the provisions of an ordinance passed on 26 September 1975 and the RRB Act 1976 to provide sufficient ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ...
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Banking In India
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. The largest and the oldest bank which is still in existence is the State Bank of India (SBI). It originated and started working as the Bank of Calcutta in mid-June 1806. In 1809, it was renamed as the Bank of Bengal. This was one of the three banks founded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. The three banks were merged in 1921 to form the Imperial Bank of India, which upon India's independence, became the State Bank of India in 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India was established in 1935, under the Reserve Bank of India Act, 1934. In 1960, the State Banks of India was g ...
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Uttara Kannada
Uttara Kannada is a district in the Indian state of Karnataka. Uttara Kannada District is a major coastal district of Karnataka, and currently holding the title of the largest district in Karnataka. It is bordered by the state of Goa and Belagavi districts to the north, Dharwad District and Haveri District to the east, Shivamogga District, and Udupi District to the south, and the Arabian Sea to the west. Karwar is the district and headquarters, Kumta & Sirsi are the one of major commercial centers in the district. The district's agroclimatic divisions include the coastal plain (consisting of Karwar, Ankola, Kumta, Honnavar and Bhatkal taluks) and Malenadu (consisting of Sirsi, Siddapur, Yellapur, Haliyal, Joida, and Mundgod taluks). History The first known dynasty from Uttar Kannada District are Chutus of Banavasi. Uttara Kannada was the home of the Kadamba kingdom from the 350 to 525. They ruled from Banavasi. After the subjugation of the Kadambas by the Chalukya ...
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Udupi
Udupi (alternate spelling Udipi; also known as Odipu) is a city in the Indian state of Karnataka. Udupi is situated about north of the educational, commercial and industrial hub of Mangalore and about west of state capital Bangalore by road. It is the administrative headquarters of Udupi district, and one of the fastest-growing cities in Karnataka. Udupi is one of the top tourist attractions in Karnataka and has various educational institutions. It is notable for the Krishna Temple and is also known as the temple city. It also lends its name to the popular Udupi cuisine, is also known as Parashurama Kshetra , and is famous for Kanakana kindi. A centre of pilgrimage, Udupi is known as Rajata Peetha and Shivalli (Shivabelle). Etymology The name ''Udupi'' is the stylized form of the city. History In the 13th century, Vaishnavite saint Madhvacharya founded the Sri Krishna Temple. He set up eight ''mathas'' - Ashta Mathas- In Kannada - ಅಷ್ಟ ಮಠಗಳು in Udupi t ...
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Haveri
Haveri is a city in Karnataka, India. It is the administrative headquarters of Haveri district. Haveri is famous for its cardamom garlands and Byadagi red chillies. Around 25 km away, there is a place called Bada, which is the birthplace of the poet Kanakadasa. The name Haveri is derived from the Kannada words ''haavu'' and ''keri'', which means ''place of snakes''. ''Hukkeri Math'' is a famous matha located . Haveri is 7 hours away from Bengaluru by train. By road, it is about 340 km from Bengaluru on NH-48 towards Mumbai. It is located 307 km north of the port city Mangalore. Tourist attractions of Haveri * Siddheshvara Temple The centre of Western Chalukya architectural developments was the region including present-day Bagalkot, Gadag, Koppal, Haveri and Dharwad districts; '' Siddheshwara temple'' at Haveri a staggered square plan with ''dravida'' articulation and superstructure, 11th century CE. Miniature decorative ''dravida'' and ''nagara'' style ...
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Gadag
Gadag-Betageri is a city municipal council in Gadag district in the state of Karnataka, India. It is the administrative headquarters of Gadag District. The original city of Gadag and its sister city Betageri (or ''Betgeri'') have a combined city administration. The municipality of Gadag-Betageri has a population of 172,813 and an area of . Kanaginahal of Gadag is the birthplace of the first co-operative society in Asia. The temples of Veera Narayana and Trikuteshwara are places of religious and historic importance. The twin city municipality is situated from Dharwad and from Hubballi, and lies on the Gutti-Vasco National Highway. Gadag style of architecture The ''Gadag style of Architecture'', marked by ''Ornate pillars with intricate sculpture'', originated during the period of the Western Chalukya (or Kalyani Chalukyas) king ''Someswara I'', and it flourished for a period of 150 years (During to ) during which period some 50 temples were built; some examples being: The ...
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Dakshina Kannada
Dakshina Kannada district is a district of Karnataka state in India, with its headquarters in the coastal city of Mangalore. It is part of the larger Tulu Nadu region. The district covers an area nestled in between the Western Ghats to its east and the Arabian Sea to its west. Dakshina Kannada receives abundant rainfall during the Indian monsoon. It is bordered by Udupi district (formerly a part of this district) to the north, Chikmagalur district to the northeast, Hassan district to the east, Kodagu to the southeast and Kasaragod district of Kerala to the south. According to the 2011 census of India, Dakshina Kannada district had a population of 2,083,625. It is the only district in Karnataka state to have all modes of transport like road, rail, water and air due to the presence of a major hub, Mangalore. This financial district is also known as the Cradle of Indian banking. Geography Image:Sullia. Karnataka (3).jpg, Hilly region - Sullia Town Image:Tannirubhavi beach 02.JPG, ...
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Vijayapura
Vijayapur is a town in Devanahalli taluk and Bangalore Rural district in the Indian state of Karnataka. Vijayapura's old name is Vadigenahalli. Local villagers still refer Vijayapura as Vadigenahalli. Geography Vijayapura is located at . It has an average elevation of 883 metres (2896 feet). Demographics India census A census is the procedure of systematically acquiring, recording and calculating information about the members of a given population. This term is used mostly in connection with national population and housing censuses; other common censuses incl ..., Vijayapura had a population of 29,458. Males constitute 52% of the population and females 48%. Vijayapura has an average literacy rate of 64%, higher than the national average of 59.5%: male literacy is 69%, and female literacy is 59%. In Vijayapura, 13% of the population is under 6 years of age. Vijayapur was formerly known as Vadagenhalli, a corrupt form of veda-gaana-halli . References Cities and ...
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Belagavi
Belgaum (ISO: ''Bēḷagāma''; also Belgaon and officially known as Belagavi) is a city in the Indian state of Karnataka located in its northern part along the Western Ghats. It is the administrative headquarters of the eponymous Belagavi division and Belagavi district. The Government of Karnataka has proposed making Belagavi the second capital of Karnataka alongside Bengaluru, hence a second state administrative building Suvarna Vidhana Soudha was inaugurated on 11 October 2012. Belagavi has been selected in first phase out of 20 cities, as one of the hundred Indian cities to be developed as a smart city under PM Narendra Modi's flagship Smart Cities Mission. History Belgaum was founded in late 12th century AD by the Ratta dynasty, who shifted from nearby Saundatti. A Ratta official named Bichiraja built Kamal Basadi, a Jain temple, dedicated to Neminatha in 1204, which came to be called Kamalabasti. Pillars found inside Belgaum fort have Kannada inscriptions in Naga ...
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Bagalkote
Bagalakote, is a city in the state of Karnataka, India, which is also the headquarters of Bagalakote district. It is situated on branch of River Ghataprabha about 481 km (299 mi) northwest of state capital Bengaluru, 410 km (255 mi) southwest of Hyderabad, and about 570 km (354 mi) southeast of Mumbai. The population of the urban agglomeration was 111,933"District Census Handbook – Guntur" according to the provisional results of 2011 national census of India, and the city is spread over an area of with an average elevation of above MSL. bagracotta 1832 baugeracotta History Existence of the city According to stone inscriptions in the surrounding area, the town's name was formerly Bagadige. According to legend, the town was given to the Bhajantries (musicians) by Ravana, the king of Lanka who ruled this area. One of the Bijapur Adil Shahi king Ibrahim Adil Shah II is said to have presented the town to his daughter as ''bangle money'' (a tradi ...
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