Cauvery Kalpatharu Grameena Bank came into existence on 24th May 2006 by amalgamation of Cauvery Grameena Bank and Kalpatharu Grameena Bank- both Regional Rural Bank’s sponsored by State Bank of Mysore. The objective of amalgamation is to strengthen the Bank so that it can better cater to the needs of the clientele in the farm and non-farm sector more efficiently and contribute for the development of the area.

CKGB has taken up formation and credit linking of Self Help Groups as a mission to reach those families who were hitherto having no access to the credit by any formal financial institutions and are therefore depending on money lenders.