Search result for 'karnataka bank'

Karnataka Bank reports a 27% drop in Q1 net profit to Rs 290 crore due to moderated interest income. Total income rises, but margins decline.

Karnataka Bank appoints Raghavendra S Bhat as interim MD & CEO for three months following the resignation of Srikrishnan Hari Hara Sarma. Bhat's appointment is subject to shareholder approval.

Karnataka Bank shares fell sharply after the MD & CEO, Srikrishnan Hari Hara Sarma, and ED, Sekhar Rao, resigned, citing personal reasons and relocation issues. The bank is searching for...

Karnataka Bank's MD & CEO Srikrishnan Hari Hara Sarma and ED Sekhar Rao resign, citing personal reasons. Bank forms search committee for replacements and assures stakeholders of financial stability.

EPFO adds 15 new banks, including HSBC, Standard Chartered, and Federal Bank, to its network, making it easier for employers to pay contributions.

Karnataka Bank has identified suspicious cross-border UPI transactions totaling Rs 18.87 crore and has requested the RBI to reverse the transactions. The bank has taken steps to prevent future...

Karnataka Bank partners with Navi Technologies to offer credit lines on UPI, providing convenient and instant access to funds for pre-qualified customers. The bank aims to expand the offering to...

Six Sense Mobility Ventures raises Rs 6 crore from Piper Seria for team expansion, production capacity, and R&D. Learn more about this funding round and other business news.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.

Karnataka Bank has announced a record profit of Rs 400.33 crore for the June 2024 quarter, marking a 7.99% rise year-on-year. The bank also witnessed strong growth in business turnover and deposits.

Karnataka Bank reported a 23% decline in Q4 profit to Rs 274 crore due to a one-time staff cost increase. Gross NPAs moderated to 3.53% while net NPAs declined to 1.58% of advances.

Karnataka Bank celebrates its 100th anniversary with the 'Bharat Ka Karnataka Bank' campaign, emphasizing its commitment to financial inclusion and adapting to a tech-driven future.

Karnataka Bank reports record net profit of Rs 1,032.04 crore in Q3 2023, driven by operational efficiency and growth in business turnover. Learn more about the bank's financial performance and...

Karnataka Bank's net profit increased by 10% to Rs 331 crore in Q3 FY24, driven by higher interest income. Read more about the bank's financial performance.

Digit Insurance introduces a comprehensive EV Shield add-on cover for electric and hybrid vehicles, addressing unique insurance needs of EVs. The cover offers protection against loss or damage to...

Karnataka Bank and Satin Creditcare Network Limited have partnered to provide micro-credit facilities to women in rural and semi-urban areas, leveraging digital technology for efficient loan...

Karnataka Bank now allows customers to pay direct taxes (income tax & advance tax) online. This initiative aligns with the bank's vision of simplifying financial transactions.

Universal Sompo General Insurance, a partner in PM Suraksha Bima Yojana, insured 21 lakh people in Tamil Nadu in the first six months of FY24, with a 47% growth.

Universal Sompo General Insurance has insured 21 lakh people in Tamil Nadu under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) in the first half of FY24, marking a 47% rise.

Karnataka Bank's net profit fell 20% to Rs 330 crore in Q2 FY24, while total income rose. Gross NPAs increased slightly, but net NPAs declined.