Karnataka Bank reported strong quarterly growth with net profit rising sharply, driven by higher operatin ...More

Karnataka Bank reported strong quarterly growth with net profit rising sharply, driven by higher operating profit and improved asset quality. Annual profit rose modestly, while NPAs declined significantly, reflecting healthier balance sheet trends. The board also recommended a final dividend for shareholders. ...Less

Its net interest margin, a key profitability metric, fell 57 basis points to 3.3% for the quarter as comp ...More

Its net interest margin, a key profitability metric, fell 57 basis points to 3.3% for the quarter as compared with 3.87% seen in the year-ago period. Net interest income was 3% lower at Rs 834 crore. ...Less

Karnataka Bank's business turnover has touched Rs 1,23,280 crore as on March 31. ...More

Karnataka Bank's business turnover has touched Rs 1,23,280 crore as on March 31. ...Less

The net profit for the fourth quarter ended March 2021 is Rs. 31.36 crore, a 15% jump over the previous y ...More

The net profit for the fourth quarter ended March 2021 is Rs. 31.36 crore, a 15% jump over the previous year. The bank’s board also recommended a dividend of 18%. ...Less