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 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…
