Apr 24: Kerala Grameena Bank (KGB), sponsored by Canara Bank has unveiled an ambitious strategic roadmap for the financial year 2026–27, setting a target to achieve ₹1 lakh crore in total business. The roadmap was discussed and formalised during a high-level Strategic Meet of the Board of Directors held on Tuesday, 21st April 2026, in Thiruvananthapuram.
The Bank aligned its business growth targets with the Department of Financial Services (DFS) directive to strengthen Regional Rural Banks (RRBs) across the country. The deliberations were chaired by Shri Hardeep Singh Ahluwalia, Managing Director & CEO (I/c) of Canara Bank.
A key focus of the deliberations was Kerala Grameena Bank’s transition from a conventional rural bank to a technologically advanced institution.
Shri. Hardeep Singh Ahluwalia, MD & CEO (I/c), Canara Bank, advised to focus on:
- Digital transformation and improving tech infrastructure
- Better rural and semi-urban banking access with services comparable to urban areas
- Capital strengthening
- Development Vision: Emphasis on sustainable rural development and increased credit flow, aligned with the national goal of Viksit Bharat 2047.
Smt. Vimala Vijaya Bhaskar, Chairperson of Kerala Grameena Bank, stated that the bank would effectively implement the strategic guidance from the meet to accelerate growth. Apart from the board members, the meeting was also attended by Shri,Surjit Karthikeyan, Director of DFS and also a board member of Kerala Grammena Bank, Shri.Nagesh Kumar Anumala, Chief General Manager, NABARD and General Managers of Kerala Grameena Bank.
The Bank reaffirmed its dedication to harnessing innovation, increasing financial inclusion, and creating a robust financial environment to meet the changing demands of rural and semi-urban populations.
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