Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Syndicate Bank, will open its 553rd branch at Guddeangadi village in Udupi district on December 3. A press release here said that KM Udupa, Managing Trustee of the Manipal-based Bharatiya Vikas Trust, will inaugurate the new branch. Ashok Reddy, Chairman of the bank, will preside over the programme, the release added. Our Bureau