Performance Evaluation of Pragathi Krishna Grameena Bank in Chitradurga District, Karnataka

Abstract

Pragathi Krishna Grameena Bank with Head Office at Bellary came into existence on 23rd August 2013 with the amalgamation of 2 RRBs viz. erstwhile Pragathi Grameena Bank (sponsored by Canara Bank) with Head Office at Bellary and erstwhile Krishna Grameena Bank (sponsored by State Bank of India) with the Head Office at Gulbarga. The RRB with its Head Office at Bellary was formed by amalgamating the two RRBs of Karnataka viz., Pragathi Grameena Bank sponsored by Canara Bank and Krishna Grameena Bank sponsored by State of Bank of India and covers 11 eastern districts of Karnataka state, they are 1.Ballary, 2.Raichur, 3.Koppal, 4.Davanagere, 5. Chitraduga, 6.             Shivamogga, 7. Kolar, 8. Chikkaballapur, 9. Gulbarga, 10.Bidar and 11.Yadagiri. The study aimed to assess the performance of selected 15 branches of PKG Bank in Chitradurga district. The objectives of the study were 1. to study the general performance of Pragathi Krishna Grameena Bank, 2. to analyse the performance of selected branches of Pragathi Krishna Grameena Bank in Chitradurga district and 3. to analyse the loan advance and loan recovery performance of PKG bank in Chitradurga district. The paper focused on Total Turnover, Total Business and Net Profit Earned to assess the performance of selected branches in Chitradurga.