The Bagalkot District is carved out of the earlier Bijapur District and came in to being on 15th August 1997. The district has two revenue sub-division viz Bagalkot and Jamakhandi, six tehsils viz Bagalkot, Badami, Hunagund, Jamakhandi, Mudhol, Bilagi, and consisting of 223 revenue villages

There are 213 branches of different banks in the district, which include 89 branches of commercial banks , 60 branches of RRBBs, 21 Branches of private sector banks,36 branches of DCCBs and PCARD Banks,There is one branch of KSFC

The DCC bank Ltd Bagalkot is the result of the bifurcation of the Bijapur DCC Bank and has started functioning from 01.03.2003. The Reserve Bank of India has granted banking license on 15.12.2011

At present the Bank has 44 branches, 3 extension counters and is catering to the financial needs of 274 PACS and many other co-operatives affiliated to the Bank.

Sri. S.R.Patil Hon’ble District in charge Minister is the founder President of the Bank. The Present President has served as the Hon'ble Minister of sports in the government of Karnataka and also Member of Parliament representing the Bagalkot constituency in the Parliment.