The correct answer is: A. Karnataka Vikas Grameen Bank
Karnataka Vikas Grameen Bank (KVGB) is a regional rural bank (RRB) in India. It was established on 2 October 1982 by the Government of India and the Government of Karnataka with the objective of providing banking and financial services to the rural and semi-urban areas of the state. The bank has its headquarters in Bangalore, Karnataka.
KVGB has secured four awards for inclusive insurance in 2016 from Skoch Group. The awards are:
- Skoch Inclusive Insurance Award for Excellence in Micro Insurance
- Skoch Inclusive Insurance Award for Excellence in Rural Insurance
- Skoch Inclusive Insurance Award for Excellence in Social Insurance
- Skoch Inclusive Insurance Award for Excellence in Women’s Insurance
The awards were given to KVGB in recognition of its efforts in providing affordable and accessible insurance products to the rural and semi-urban population of Karnataka. The bank has a wide network of branches and ATMs, which makes it easy
for customers to access its products and services. KVGB also has a strong focus on customer service, which has helped it to build a loyal customer base.The other options are incorrect because they are not regional rural banks. A regional rural bank (RRB) is a type of bank in India that was established in 1975 to provide banking and financial services to the rural and semi-urban areas of the country. RRBs are jointly owned by the central government, the state government in which they are located, and the public sector banks.