Sachin Bansal's Navi partners with Karnataka Bank to launch credit lines on UPIMangaluru-headquartered Karnataka Bank will offer credit lines to Navi’s users. This is currently available to a group of pre-qualified use...
14 Aug, 2024, 09.17 PM IST
Karnataka Bank approves Rs 600 crore QIP share allotmentPrivate lender Karnataka Bank’s committee of directors on Thursday approved the allotment of shares worth Rs 600 crore at a price of Rs 227...
28 Mar, 2024, 09.00 PM IST
Our institutional holding is broad-based, not acquisition target any more: Srikrishnan H, Karnataka BankWhile we maintain a very healthy capital adequacy ratio, we have been judiciously churning tier-2 capital that was quite expensive. We have...
13 Feb, 2024, 11.45 PM IST
Karnataka Bank to raise Rs 100 cr equity from ICICI LombardKarnataka Bank has decided to allot Rs 100 crore worth of preferential shares to ICICI Lombard General Insurance as part of its plans to ra...
28 Jan, 2024, 05.31 PM IST
Karnataka Bank posts all-time high profitMangaluru-based Karnataka Bank recorded a net profit of Rs 1,032.04 crore for the nine months of the financial year ending December 2023, a...
24 Jan, 2024, 01.55 PM IST
Karnataka Bank Q3 Results: Net profit rises 10% YoY to Rs 331 croreNet profit for the quarter stood at Rs 311 crore compared with Rs 301 crore a year ago, the Mangaluru-headquartered bank said on Tuesday. T...
23 Jan, 2024, 11.40 PM IST
Karnataka Bank & Clix Capital partner for co lendingThe partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employm...
16 Jan, 2024, 07.52 PM IST
Karnataka Bank opens branch with mini e-lobby at AyodhyaRam Janmabhoomi Teerth Kshetra trustees Anil Mishra and Gopal Nagarakatte opened the branch and the e-lobby, respectively. Bank's independe...
11 Jan, 2024, 08.42 PM IST
Karnataka Bank & Satin Creditcare sign up for co-lendingSatin Creditcare chairman HP Singh said: "This strategic alliance with Karnataka Bank is a significant milestone for SCNL. By combining our...
05 Jan, 2024, 05.54 PM IST
Karnataka Bank inks pact with HDFC Life to distribute life insurance productsThe partnership is a testament to the stated commitment to offer customers a range of innovative and customer-centric financial solutions. ...
20 Nov, 2023, 04.46 PM IST
Karnataka Bank Q2 Results: Profit falls 20% YoYThe net interest income, however, improved by 2.45% to Rs 822.41 crore from Rs 802.73 crore in the same quarter last year. The bank's asset...
02 Nov, 2023, 10.39 PM IST
Karnataka Bank allots shares worth Rs 800 crore to 5 investorsKarnataka Bank MD & CEO Srikrishnan H said in a statement: "We are happy to have completed a successful Capital raise through Pref Allotmen...
26 Oct, 2023, 07.06 PM IST
Karnataka Bank to raise Rs 1,500 cr in equity to fund growthKarnataka Bank has announced plans to raise approximately Rs 1,500 crore in fresh capital through a preferential issue, rights issue, QIP, ...
22 Sep, 2023, 08.19 PM IST
We are on right path as far as growth is concerned: Srikrishnan H, Karnataka BankAlso so it is not as if we are really under but we will pick up soon because there are two three engines that are going to be firing becaus...
22 Aug, 2023, 02.01 PM IST
Jio Payments Bank seeks to open Reliance Industries, group companies' current accountsJio’s proposal comes at a time when the regulator has put in restrictions on scheduled commercial banks from opening current accounts of co...
24 Nov, 2020, 09.54 AM IST
Can these guys make any difference in the payments bank ecosystem?The RBI gave out 10 small finance bank licences mostly to micro finance institutions including Utkarsh Micro Finance, Ujjivan and Au Financ...
30 Dec, 2015, 04.00 AM IST
Dengue, chikungunya infections in India underestimated: StudyResearchers estimated that on average, 23 per cent of those who have not yet been infected become infected by dengue every year.
17 Jul, 2015, 08.21 PM IST