Awards AppointmentsTuesday, 26 May 2026·https://testbook.com/current-affairs/26-may-2026-daily-current-affairs

Karnataka Grameena Bank wins PFRDA award for APY enrolment in 2026

Karnataka Grameena Bank received a PFRDA award on 25 May 2026 for enrolling 2,49,185 APY accounts.

Key highlights

Direct fact

On 25 May 2026, the Pension Fund Regulatory and Development Authority (PFRDA) awarded Karnataka Grameena Bank for its record APY enrolment performance at the annual felicitation programme in New Delhi.

Key specifics

  • The bank achieved 142 per cent, the highest among banks in Karnataka.
  • It enrolled 2,49,185 Atal Pension Yojana (APY) accounts during the assessment period.
  • The target set by DFS/PFRDA was 1,75,500 accounts.
  • Karnataka Grameena Bank operates 1,750 branches and serves nearly 2 crore customers.
  • The award was presented by M Nagaraju and S Ramann.

Exam lens

Question type: Banking and social security scheme MCQ, PFRDA, APY, 2,49,185 accounts, 142 per cent; TNPSC may ask which bank topped APY enrolment in Karnataka in 2026.

PFRDAAPYbankingaward
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