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 Bapooji Multistate Credit Co-Operative Society Limited, has started functioning from 13-03-2008. After being registered under The Assistant Registrar of co-operative as D.R/B.G.K/R.S.R./S.A./1552/2911-2007

 At present the Bank has 61 branches, affiliated to the Society.

Sri. S.R.Patil Hon’ble District in charge Minister is the founder President of the Souhardha. The Present 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 Parliament.