Kerala Grameena Bank targets one lakh crore business by FY27. The Regional Rural Bank, sponsored by Canara Bank, formalized an ambitious strategic roadmap during a Board of Directors meeting. The bank aims to transition from a conventional rural lender to a technologically advanced institution. Key priorities include digital transformation, improved rural and semi-urban banking access with urban-level services, capital strengthening, and sustainable rural development. Managing Director of Canara Bank emphasized strengthening tech infrastructure and increasing credit flow aligned with India's Viksit Bharat 2047 vision. The strategic initiative reflects the Department of Financial Services directive to strengthen RRBs nationwide. Kerala Grameena Bank reaffirmed its commitment to financial inclusion and innovation to meet evolving demands of rural populations.
