Dharwad, Nov 21: Karnataka Vikas Grameena Bank (KVGB) sponsored by Canara Bank Bank has bagged National Award for significant enrollment under Atal Pension Yojana (APY) from Pension Fund regulatory and Development Authority (PFRDA) New Delhi. P Gopi Krishna, Chairman, KVGB received the Award from Supratim Bandopadhyay, Chairman, PFRDA in a Summit held at New Delhi on Monday. 

Sri P Gopi Krishna, Chairman of Karnataka Vikas Grameena Bank receiving the National Award for significant enrollment of Atal Pension Yojana (APY) from PFRDA in Summit held at  New Delhi on Monday . Supratim Bandopadhyay, Chairman PFRDA handed over the award. Mr. A G Das, Executive Director, PFRDA, Ashish Kumar, Chief General Manager, PFRDA and others were present.

P Gopi Krishna, Chairman, KVGB, Expressing his happiness over receiving the Award said that Atal Pension Yojana is a safety net for workers in the informal sector for getting pre defined pension after 60 years. Explaining the Achievement Gopi Krishna said that So far the Bank has enrolled 334687(Cumulative) accounts under APY. During  2022-23 the Bank has enrolled 69132 accounts against the target of 50320 and achieved the target well before the time frame. Continue in this direction he also saidthat PFRDA has given a target of  an average 80 Accounts per Branch and against this target the Bank has Achieved an average of 110 accounts and this achievement is highest among all other Banks in South India. 

At present the Bank has 629 branches in the nine district jurisdiction from  Vijayapura to Mangalore. It may be recalled here that the Bank made a national record by enrolling more than 44000 accounts on a single day during this year itself. 

Gopi Krishna also said that KVGB is playing a pivotal role in implementing all the three social security schemes (PMJJBY, PMSBY & APY) launched by central Government and the Bank’s priority to ensure access to social security benefits to villagers and people from unorganized sectors continues along with other main banking activities. 

A G Das, Executive Director, PFRDA, Ashish Kumar, Chief General Manager, PFRDA and others were present.