The Karnataka Bank Limited (KTKBANK.NS) NSE

174.03

+0.95(+0.55%)

Updated at October 03 03:30PM

Currency In INR

The Karnataka Bank Limited

Address

Mahaveera Circle

Mangalore, 575002

India

Phone

91 82 4222 8222

Sector

Financial Services

Industry

Banks - Regional

Employees

8900

First IPO Date

May 10, 2000

Key Executives

NameTitlePayYear Born
Mr. Srikrishnan Harihara SarmaMD, Chief Executive Officer & Director20.18M1962
Mr. Sekhar Sridhar RaoExecutive Director7.52M1969
Mr. B. Anantha PadmanabhaDeputy GM & Chief Technology Officer0N/A
Mr. P. J. Vinaya BhatHead of Compliance Department & Chief Compliance Officer0N/A
Mr. Raghurama H. S. RaoDeputy GM & Chief Risk Officer0N/A
Mr. Ravichandran S.GM & Head of Credit Sanctions Department0N/A
Mr. Abhishek Sankar BagchiChief Financial Officer0N/A
Mr. Srinivas DeshpandeAssistant GM of Public Relations0N/A
Mr. B. S. RajaGM & Head of Branch Banking Department0N/A
Ms. Sumana GhateHead of Operations Department & Interim Head of Credit Sanctions Department0N/A

Description

The Karnataka Bank Limited provides personal and business banking products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings and current accounts; fixed, cash certificate, and recurring deposits; and non-resident rupee, ordinary non-resident, foreign currency, and resident foreign currency accounts, as well as non-resident Indian priority banking services. It also provides loan products, including vehicle, home, education, personal, MSME, mortgage, women entrepreneur, gold, and other loans, as well as loans against property. In addition, the company offers debit, credit, gift, deposit only, and image cards; life, general, and health insurance products; investment products; remittance and other services; and forex services comprising pre and post-shipment, export collection bills, export LC advising, inward remittance facility, import letter of credit, import bill collection, buyer's credit, and outward remittances. Further, it provides point of sale service for merchant's payment solutions; and KBL e-COLLECT, a fee payment processing platform, which enables the institution to offer parents and students a way to pay their fees through a range of payment options. Additionally, the company offers various loans for agriculture; and other services, such as internet and mobile banking, mutual funds, demat and online trading services, locker facility, and funds transfer services. As of March 31, 2022, it operated through a network of 877 branches, 885 ATMs and 563 cash recyclers. The company was incorporated in 1924 and is headquartered in Mangalore, India.