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KARNATAKA GRAMIN BANK

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KARNATAKA GRAMIN BANK Karnataka Gramin Bank with its head office at Ballari under the sponsorship of Canara Bank came to existence on April 1, 2019 as per the gazette Notification of Government of India No.852 dated February 22, 2019 with amalgamation of two RRBs namely Pragathi Krishna Gramin Bank (Sponsored by Canara Bank with Head Office at Ballari) and Kaveri Grameena Bank (Sponsored by State Bank of India with Head Office at Mysuru). The logo of this bank is in the form of a circle and its components - Leaves represent agriculture and signifies prosperity; Diverging leaves signify our expanding base and growing support to agriculture and clean environment; The circle formed signifies the wholeness and inclusive growth; Blue colour represents trust, loyalty, integrity and responsibility and Yellow colour represents optimism, success, confidence, youthfulness and fresh energy”. Its motto is ‘Vishwasada Pratheeka, meaning ‘Symbol for the Faith/Trust’.

PRADHAN MANTRI MUDRA YOJANA

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PRADHAN MANTRI MUDRA YOJANA Pradhan Mantri Mudra Yojana (PMMY) was announced by Finance Minister while presenting the Union Budget for the financial year 2016. A flagship scheme of the Government of India, PMMY was launched by the Prime Minister on April 8, 2015. The scheme aims to create a formal financial system and enable small borrowers to borrow from all the public sector banks such as PSU banks, Regional Rural Banks and cooperative banks, private sector banks, foreign banks, Micro Finance Institutions (MFI) and Non-Banking Finance Companies (NBFC). Loans for up to INR 10 lakh can be taken for non-farm income generating activities. The PMMY is an Iconic Logotype comprising different elements such as the graphical element, the ₹ symbol inscribed on the circular shape and the text matter ‘mudra’ in Samarkan font with ‘r’ being replaced by Rupee symbol. Vivid colours are used in the logo to express the identity of the organisation including the tricolour of the India