The 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...

Bank’s MD & CEO Mahabaleshwara MS said the compact, lightweight and user-friendly device will be a game changer and transform the digital p...

Bank’s MD & CEO Mahabaleshwara MS said customers could buy the FASTag through online from the bank’s website or by visiting its branch.

As an empanelled “agency bank”, Karnataka Bank is now authorised to undertake the government businesses such as revenue receipts and paymen...

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 recomme...

The 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 ...

The facility comes with a simplified procedure and competitive rate of interest, the bank said in a press release.

In a statement, Mahabaleshwara said: “I am aware that the entire world is facing an unprecedented new set of challenges in the form of covi...

The three months repayment moratorium on all loans without downgradation of assets will mitigate debt servicing burden.

Private sector lender Karnataka Bank on Tuesday announced waiver of charges for NEFT, RTGS, IMPS and UPI transactions done through its digi...

His 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 consists of public sector, private sector and foreign banks with 253 members.

Gross NPAs declined to 4.55% compared to 4.72% reported in the corresponding quarter of the previous year.

"Our investment portfolio has come down as our CD ratio has gone up. That has been a blessing in disguise."

He 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.

Digital technology will be at the centre of this transformation

"We will be focussing only on organic growth and our growth plan is focussed on the advances, NPA management, digital banking and fee based...