Karnataka Bank Partners with ICICI Lombard General Insurance Introduction Karnataka Bank, a leading private sector bank in India, has recently partnered with ICICI Lombard General Insurance to enhance its insurance offerings. This collaboration aims to provide a wider range of insurance products to the bank’s customers, integrating ICICI Lombard’s insurance solutions with Karnataka Bank’s extensive…
Karnataka Bank Raises Rs 600 Crore Through QIP, Bolsters Growth and Stability Karnataka Bank, a leading private sector bank in India, recently announced the successful completion of its Qualified Institutional Placement (QIP) to raise Rs 600 crore. This strategic move aims to strengthen the bank’s growth trajectory and enhance its stability in the ever-evolving financial…
Karnataka Banks Triumph at IBA Banking Technology Awards Introduction: Karnataka Banks Shine at IBA Banking Technology AwardsIn a significant achievement, Karnataka’s banks have garnered accolades at the prestigious IBA (Indian Banks’ Association) Banking Technology Awards. This recognition highlights the growing importance of technological innovation within the banking sector, especially in the state of Karnataka. The…
Karnataka Bank Launches Innovative Financial Products for Students Introduction: A New Initiative for Student Welfare Karnataka Bank, a prominent player in India’s banking sector, has recently introduced a set of innovative financial products tailored specifically for students. These offerings are aimed at assisting young minds in managing their finances and achieving their educational goals with…
Karnataka Bank and Clix Capital Forge Digital Co-Lending Partnership via Yubi Platform In a strategic move to enhance digital lending capabilities, Karnataka Bank has joined forces with Clix Capital to establish a robust co-lending partnership facilitated through the innovative Yubi platform. This collaboration marks a significant milestone in the banking sector, especially in the context…
Karnataka Bank Appoints Srikrishnan Harihara Sarma as MD & CEO Karnataka Bank Appoints | Karnataka Bank, one of India’s leading private sector banks, has recently announced the appointment of Srikrishnan Harihara Sarma as its Managing Director (MD) and Chief Executive Officer (CEO). This strategic move aims to strengthen the bank’s leadership and drive its growth…
Shekar Rao Appointed as interim MD and CEO of Karnataka Bank The board of directors of Karnataka Bank has appointed P. Shekar Rao as the interim Managing Director (MD) and Chief Executive Officer (CEO) of the bank. The appointment is effective from May 1, 2023, until the next regular MD and CEO is appointed. Why…
