Karnataka Bank Ltd

The Mangaluru-based bank started operations in 1924

Improved earnings and asset quality, healthy growth in advances among factors that boost financials

The DBUs provide banking products and services to customers in self-service as well as assisted (digital) mode in a paperless, secure, and connected environment

The bank informed stock exchanges that Mahabaleshwara MS, MD and CEO, not to offer himself for reappointment

Core deposits of Karnataka Bank stood at ₹81,628.97 crore in Q2 2022-23

Under the ‘KBL Utsav’ campaign, customers can avail of home, car and gold loans with attractive interest rates

The centre will be a key differentiator in accelerating Karnataka Bank’s transformation into a progressive ‘digital bank of future’

The bank will continue to partner with the Karnataka government for implementing its various initiatives towards welfare of the public

‘Recovery team of the bank surpasses target set for June’

For delivering digital banking products and services as well as servicing existing financial products and services digitally

The interest rate for this 75-week term deposit scheme is 6.10 per cent per annum