Kerala Grameena Bank (KGB) is an Indian regional rural bank (RRB), headquartered in Malappuram, Kerala. Like other RRBs, the Government of India holds the majority 50% shares, while the Government of Kerala holds 15% and Canara Bank owns the remaining 35% stake. On October 23, 2025, Ministry of Finance, Government of India renamed several Regional Rural Banks (RRBs) to align them with their states. According to Government of India Notification No. S.O. 4836(E) Kerala Gramin Bank became Kerala Grameena Bank.
The bank was formed by amalgamating North Malabar Gramin Bank and South Malabar Gramin Bank on 8 July 2013 by the Ministry of Finance, Government of India. The bank serves the area previously operated by the two banks. It is sponsored by Canara Bank. Like other RRBs, Government of India holds the majority 50 percent shares, while the state government and Canara Bank holds 15 percent and 35 percent, respectively. As of 2013, KGB had 504 branches and a total net worth of â¹471.58 crore and deposits of â¹7,266 crore and advances of â¹7,761 crore, with a total business of â¹15,027 crore.
On October 23, 2025, Ministry of Finance, Government of India renamed the bank from Kerala Gramin Bank to Kerala Grameena Bank.
In 2021-2022 fiscal year, KGB made a profit of â¹124.14 crore, nearly four times compared to the profit of the previous fiscal year. The net interest income had grown by 23 percent and non-interest income by 27 percent. KGB had a deposit of â¹21,834 crore. The bank registered 8.4% growth in deposit. The credit also increased by 4.5 percent. With a clientele base of 92.34 lakh, KGB's total business grew by 6.50 percent to reach â¹41,113 crore, which was â¹38,607 crore in the previous fiscal.