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MS MAHABALESHWARA
TFCILTD in focus: Adani Group advisor and former MD & CEO of Karnataka Bank join TFCILTDTFCILTD, an NBFC, appoints Deepak Amitabh and Dr Mahabaleshwara MS, boosting strategic capabilities. Amitabh, an Adani Group advisor, is st...- Karnataka Bank raises interest rates on term depositsBank’s MD & CEO Mahabaleshwara MS said “This upward revision in deposit interest rate is in line with the market trend and is expected to e...
- Karnataka Bank gets MeitY award for highest Bhim-Upi transactions for two yearsMeitY & Railway Minister Ashwini Vaishnaw and MoS, IT & Skill Development Rajeev Chandrasekhar presented the award to bank’s General Manage...
- Karnataka Bank launches premium product for SME businessesThe scheme allows customers to have a new current account by maintaining a monthly average balance of Rs 25,000 and avail a host of premium...
- Karnataka Bank launches all-in-one swiping machine for MSME customersBank’s MD & CEO Mahabaleshwara MS said the compact, lightweight and user-friendly device will be a game changer and transform the digital p...
- Karnataka Bank launches KBL FASTagBank’s MD & CEO Mahabaleshwara MS said customers could buy the FASTag through online from the bank’s website or by visiting its branch.
- RBI empanels Karnataka Bank as ‘agency bank’ for govt businessAs an empanelled “agency bank”, Karnataka Bank is now authorised to undertake the government businesses such as revenue receipts and paymen...
- Karnataka Bank Q4 results: Private lender reports record annual profit of Rs 483 crThe 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 recomme...
- Karnataka Bank Q3 results: Net profit grows 10% to Rs 135 croreThe bank posted a net profit of Rs 451 crore for the nine-month period ended December 2020, posting a growth of 11.5% over the same period ...
- Karnataka Bank launches new loan product for small firmsThe facility comes with a simplified procedure and competitive rate of interest, the bank said in a press release.
- Karnataka Bank MD re-appointed for second termIn a statement, Mahabaleshwara said: “I am aware that the entire world is facing an unprecedented new set of challenges in the form of covi...
- CRR cut will improve bottomline, says Karnataka Bank CEOThe three months repayment moratorium on all loans without downgradation of assets will mitigate debt servicing burden.
- Covid-19: Karnataka Bank announces waiver of charges for digital transactionsPrivate sector lender Karnataka Bank on Tuesday announced waiver of charges for NEFT, RTGS, IMPS and UPI transactions done through its digi...
- We are well-capitalized, says Karnataka Bank MDHis comments in a press statement followed reports in the social media about the health of the bank. A bank’s health is measured by capital...
- IBA inducts Karnataka Bank CEO on Managing CommitteeIBA consists of public sector, private sector and foreign banks with 253 members.
- Karnataka Bank reports record quarterly profitGross NPAs declined to 4.55% compared to 4.72% reported in the corresponding quarter of the previous year.
- We plan to contain NNPA at 2% and GNPA at 4%: Mahabaleshwara MS, Karnataka Bank"Our investment portfolio has come down as our CD ratio has gone up. That has been a blessing in disguise."
- Growth forecast revision is wake-up call, says Karnataka Bank CEOHe said the revision of the GVA (gross value added) growth forecast to 6.7% from 7.3% is a wake-up call for all growth managers.
- Karnataka Bank on a transformational journey, says MD & CEO MS MahabaleshwaraDigital technology will be at the centre of this transformation
- We are not for sale and committed to our identity: Mahabaleshwara MS, MD & CEO, Karnataka Bank"We will be focussing only on organic growth and our growth plan is focussed on the advances, NPA management, digital banking and fee based...
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