Karnataka Vikas Grameena Bank (KVGB) has bagged the national award from Pension Fund regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY).

• P Gopi Krishna, Chairman of KVGB—who received the award from Supratim Bandopadhyay, Chairman of PFRDA, in New Delhi on Monday—said APY is a safety net for workers in the informal sector for getting pre-defined pension after 60 years.
• So far, the bank has enrolled 3,34,687 (cumulative) accounts under APY. During 2022-23, the bank enrolled 69,132 accounts against the target of 50,320.