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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...
Toyota Kirloskar Motor partners with Karnataka Bank for financing solutionsToyota Kirloskar Motor (TKM) has partnered with Karnataka Bank to finance its vehicles across cities and towns in India. The finance option...
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 to emerge as digital bank of future: CEO M S Mahabaleshwara at AGMAddressing the 97th annual general meeting at Karnataka Bank's head office in Mangaluru through video conferencing, M S Mahabaleshwara said...
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.
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 targets over Rs 1.42 lakh cr business turnover in FY22; says digital the way forwardEven before the COVID-19 outbreak, the Indian banking industry had been undergoing a paradigm shift from traditional ways of banking with d...
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.
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.
We require national consensus on loan waivers: Karnataka Bank MD Mahabaleshwara"Without national consensus, expecting a bank to pursue a state-specific policy may not be prudent as banks can't have different policies f...
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."
- Karnataka Bank earmarks Rs 2900 Cr for export sector
India’s exports will rise in 2018-19 spurred by positive global economic outlook, according to Karnataka Bank Managing Director M.S.Mahabal...
Karnataka Bank partners with BCG for major technology overhaulMangaluru-headquartered private bank to tap startups to source digital solutions
Karnataka Bank shortlists advisors for digital pushThe bank has 773 branches and plans to increase it to 800 by the end of this fiscal.
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...
Karnataka Bank posts 10% growth in net profitsThe Bank, according to Mahabaleshwara, has plans to open 31 new branches and 52 new ATMs and 40 new e-lobbies/mini e-lobbies by the end of ...