Tag: award

Karnataka Bank gets award for HR practices

Banking & Finance

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Karnataka Bank has been conferred with the ‘Top Organizations with Innovative HR Practices’ award at the 19th edition of the Asia Pacific HRM Congress.

Quoting Mahabaleshwara MS, Managing Director and Chief Executive Officer of the bank, a statement said that the award is yet another feather in the cap for Karnataka Bank for its innovative HR practices such as ‘online e-learning module’ to equip its workforce with the relevant new age skills to cater to the varying demands of the customers.

The award is also a recognition for the efforts put in by the 8,400-plus staff of the bank to align themselves to the call of the bank’s change management and efficiency enhancement programmes to emerge as the ‘digital bank of future’, he said.

Mahalingeshwara K, General Manager of the bank, received the award at an event in Bengaluru on Tuesday.

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KVG Bank bags two PFRDA awards

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Karnataka Vikas Grameena Bank (KVGB) sponsored by Canara Bank Bank has bagged two awards from Pension Fund Regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY).

P Gopi Krishna, Chairman of KVGB, who received the awards from Supratim Bandopadhyay, Chairman of PFRDA in a summit at Chennai on Monday, said so far the bank has enrolled (cumulative) 2.30 lakh accounts under APY. During 2020-21, the bank enrolled 68,961 accounts against the target of 38,160, he said.

KVGB is playing a pivotal role in implementing all the three social security schemes (PMJJBY, PMSBY and APY) launched by Central government, he said.

KVGB has a business turnover of ₹28,410 crore with a clientele base of nearly 90 lakh in nine districts – Dharwad, Gadag, Haveri, Belagavi, Vijayapura, Bagalkot, Uttara Kannada, Udupi and Dakshina Kannada – of Karnataka.

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