Karnataka Bank Ltd - KARNATAKA BANK Share Price

Summary

Karnataka Bank Ltd, a premier private sector bank, is a leading A Class Scheduled Commercial Bank in India. The Bank offers a total value package, a one-stop shop for all the banking needs. They provide Working Capital Finance, Term Loans and Infrastructure Finance to help the Business grow. The Bank operates in four business segments, namely treasury, corporate and wholesale banking, retail banking and other banking operations. As at 31 December 2020, the Bank has 2345 service outlets with 857 branches, 1 extension counters, 1014 ATMs & 473 cash recyclers spread across the country. Apart from the above, the Bank has 12 Regional offices, an International Division, a Data Centre, a Customer Care Centre, 4 Service branches, 3 Currency Chests, 2 Central Processing Centres and 6 Asset Recovery Management branches and 1 Digital Centre of Excellence. Further, New Delhi - Kalkaji branch has been merged with New Delhi - Chittaranjan Park branch.Karnataka Bank Ltd was incorporated on February 18, 1924 as The Karnataka Bank Ltd at Mangalore in Karnataka. The Bank was established to cater to the banking needs of the South Kanara Region. In May 23, 1924, the Bank obtained the certificate to commence business. In April 4, 1966, they received their license to carry on the banking business in India.The Bank was promoted by B R Vysarayachar and other leading members of the South Kanara Region. Under the able guidance of K S N Adiga, the second chairman of the Bank who held the post for a... Read More