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Karnataka Bank

Karnataka Bank Q3 results: Net profit rises 10% to Rs 331 crore

Karnataka Bank Q3 results: Net profit rises 10% to Rs 331 crore

Tue, Jan 23, 2024

In the latest quarter, the bank's interest income rose to Rs 2,113 crore from Rs 1,851 crore in the same period last fiscal. However, the net interest income declined to Rs 828 crore from Rs 835 crore at the end of the third quarter of last year.

Karnataka Bank, Satin Creditcare ink co-lending agreement

Karnataka Bank, Satin Creditcare ink co-lending agreement

Sat, Jan 06, 2024

Karnataka Bank and Satin Creditcare Network Limited (SCNL) have entered into a co-lending arrangement to provide financial support to joint liability groups of women in rural and semi-urban areas, a bank release said.

Coal India, ONGC, Karnataka Bank among stocks to watch on Tuesday

Coal India, ONGC, Karnataka Bank among stocks to watch on Tuesday

Tue, Nov 21, 2023

Stocks to watch today: Indian equities ended Monday's session on a weak note, with the Nifty ending 0.19 per cent lower at 19,694, while broader markets amid a retail participant frenzy touched their new 52-week high intra-day.

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Karnataka Bank Q2 results: Net profit drops 20% to Rs 330 crore

Karnataka Bank Q2 results: Net profit drops 20% to Rs 330 crore

Thu, Nov 02, 2023

Net NPAs or bad loans declined to 1.36 per cent as against 1.72 per cent in the year-ago period.

Karnataka Bank shares get a boost after lender approves raising up to Rs 1,500 crore via QIP

Karnataka Bank shares get a boost after lender approves raising up to Rs 1,500 crore via QIP

Mon, Sep 25, 2023

The board has approved raising capital up to Rs 1,500 crore in one or more tranches by way to preferential issue/rights issue/QIP or any other permissible mode, Karnataka Bank said.

Karnataka Bank to raise Rs 1,500 crore via share sale

Karnataka Bank to raise Rs 1,500 crore via share sale

Sat, Sep 23, 2023

Karnataka Bank Share Sale: The board has approved fundraising by way of preferential issue or rights issue, or QIP, or any other permissible mode, subject to necessary regulatory approval, the bank said in a filing to exchanges.

Karnataka Bank plans 17.69% growth rate this year

Karnataka Bank plans 17.69% growth rate this year

Fri, Apr 07, 2023

Karnataka Bank: Karnataka Bank plans to achieve a growth of 17.69 per cent in its centenary year of 2023-24 to take its total business turnover to Rs 1,75,000 crore, its CEO and Managing Director M S Mahabaleshwara has said.

Anil Singhvi's Perfect Investment Advice On Karnataka Bank, Doubles Returns In Just 9 Weeks

Anil Singhvi's Perfect Investment Advice On Karnataka Bank, Doubles Returns In Just 9 Weeks

Wed, Dec 14, 2022

Karnataka Bank doubles returns in just 9 weeks. We told you to stay in Karnataka Bank, all three targets have been achieved. Anil Singhvi's investment opinion on Karnataka Bank was accurate. Watch accurate analysis and perfect earning strategy only on Zee Business.

Only buyers in Karnataka Bank after strong Q2 performance; can deliver 16% return in short term

Only buyers in Karnataka Bank after strong Q2 performance; can deliver 16% return in short term

Wed, Nov 02, 2022

On Tuesday, the private lender reported a net profit of Rs 412 crore, which was up 227% Yo-Y over Q2 of FY22 at Rs 125.61 crore. The revenues were up at Rs 2031.09 crore for the reporting quarter versus Rs 1829.16 crore in the corresponding quarter in the year-ago period

Karnataka Bank Q1FY23 Results: Profit rises 8% YoY to Rs 114 cr, asset quality improves

Karnataka Bank Q1FY23 Results: Profit rises 8% YoY to Rs 114 cr, asset quality improves

Sun, Jul 24, 2022

The bank is making steady progress in its customer franchise building and has also acquired 1,572 MSME accounts in the quarter.

Q3FY22 Earnings: Karnataka Bank, Chemplast Sanmar, Suzlon Energy announce December quarter results - key highlights here!

Q3FY22 Earnings: Karnataka Bank, Chemplast Sanmar, Suzlon Energy announce December quarter results - key highlights here!

Sat, Jan 29, 2022

Listed companies including Karnataka Bank, Chemplast Sanmar Ltd and Suzlon Energy on Saturday announced their Decemeber quarter results. Zee Business brings to you the highlights of these results of the three companies. The companies announced their Q3FY22 results through filings to the exchanges

Toyota Kirloskar Motor partners with Karnataka Bank to finance vehicles

Toyota Kirloskar Motor partners with Karnataka Bank to finance vehicles

Mon, Dec 06, 2021

Toyota Kirloskar Motor (TKM) on Monday said it has partnered with Karnataka Bank to finance its vehicles across cities and towns in India.

Mid-cap Picks with Anil Singhvi: Karnataka Bank, HAL and BASF are stocks to buy, says Siddharth Sedani

Mid-cap Picks with Anil Singhvi: Karnataka Bank, HAL and BASF are stocks to buy, says Siddharth Sedani

Thu, Jan 14, 2021

In today’s edition of Special MidCap Stocks with Zee Business Managing Editor Anil Singhvi, analyst Siddharth Sedani picked three stocks for bumper returns. These stocks recommended by him were with a long term, medium term and short term views.

Mid cap Picks with Anil Singhvi: Karnataka Bank, HAL and BASF are stocks to buy, says Siddharth Sedani

Mid cap Picks with Anil Singhvi: Karnataka Bank, HAL and BASF are stocks to buy, says Siddharth Sedani

Thu, Jan 14, 2021

In today’s edition of Special MidCap Stocks with Zee Business Managing Editor Anil Singhvi, analyst Siddharth Sedani picked three stocks for bumper returns. These stocks recommended by him were with a long term, medium term and short term views.

Karnataka Bank's Capital Adequacy Ratio stands at 13.8%, says Mahabaleshwara MS, MD & CEO

Karnataka Bank's Capital Adequacy Ratio stands at 13.8%, says Mahabaleshwara MS, MD & CEO

Wed, Jan 13, 2021

Mahabaleshwara MS, Managing Director & Chief Executive Officer, Karnataka Bank Ltd, talks about the Q3FY21 numbers, improvement in the asset quality, expected restructuring and recoveries among others during a candid chat with Swati Khandelwal, Zee Business.

Budget 2021 Stock Picks With Anil Singhvi: Karnataka Bank is a top BUY for Market Guru; lists these 3 MAJOR reasons to buy this counter

Budget 2021 Stock Picks With Anil Singhvi: Karnataka Bank is a top BUY for Market Guru; lists these 3 MAJOR reasons to buy this counter

Wed, Jan 06, 2021

Budget 2021 Stock Picks With Anil Singhvi: In today’s edition of Budget 2021 stocks, Zee Business brings you another top stock that will give bumper returns till the Budget 2021 is presented and even after that.

Karnataka Bank is coming with Festive Dhamaka for its customers: Mahabaleshwara MS, MD & CEO

Karnataka Bank is coming with Festive Dhamaka for its customers: Mahabaleshwara MS, MD & CEO

Fri, Oct 16, 2020

Mahabaleshwara MS, Managing Director & Chief Executive Officer, Karnataka Bank Ltd, talks about the Q2FY21 numbers, improvement in the asset quality, moratorium book and recovery, gold loan demand and preparation for the festive season and special offer for the bank's customers among others during a candid chat with Zee Business Executive Editor Swati Khandelwal,

CMS gets contract from Karnataka Bank, Paytm for home delivery of cash

CMS gets contract from Karnataka Bank, Paytm for home delivery of cash

Thu, Sep 24, 2020

Cash management and payment solutions firm CMS has bagged contract from Karnataka Bank and Paytm Payments Bank for doorstep banking services, including delivery of cash, to their customers

Lakshmi Vilas Bank to get new promoter? What is deal amount? How does it compare with Karnataka Bank? Check report

Lakshmi Vilas Bank to get new promoter? What is deal amount? How does it compare with Karnataka Bank? Check report

Mon, Jun 22, 2020

South India-based Lakshmi Vilas Bank is likely to have a new promoter as Clix Capital has submitted a Letter of Intent (LoI) for buying a 45 per cent share, Zee Business’ Pooja Tripathi reports. The deal size is estimated to be somewhere between Rs 1400 cr and Rs 1500 cr

Karnataka Bank Q4 Results: Decline in net profit! Check performance details

Karnataka Bank Q4 Results: Decline in net profit! Check performance details

Sun, Jun 07, 2020

Karnataka Bank has reported a 56 per cent decline in net profit for the March quarter at Rs 27.31 crore due to higher provisions.

RBI slaps penalties on Bank of India, Karnataka Bank

RBI slaps penalties on Bank of India, Karnataka Bank

Fri, May 29, 2020

In another case, RBI has imposed a penalty of Rs 1.20 crore on Karnataka Bank Ltd for non-compliance with certain provisions of directions issued by it on "Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances-Divergence in NPA Accounts" and "Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances".

This is the all-time high quarterly net profit for Karnataka Bank: Mahabaleshwara MS

This is the all-time high quarterly net profit for Karnataka Bank: Mahabaleshwara MS

Thu, Jul 18, 2019

As far as NBFC is concerned then we have a 15.38% exposure. In that 2 group accounts were causing some concern and were treated as NPA with the first one being IL&FS group and the second one being Reliance ADAG, says Mahabaleshwara MS.

Stock market tips: Should you buy Vedanta, Avenue Supermarts, Karnataka Bank shares? Here is what experts say

Stock market tips: Should you buy Vedanta, Avenue Supermarts, Karnataka Bank shares? Here is what experts say

Tue, Jul 16, 2019

Brokerage Edelweiss maintains s‘HOLD’ with a target price of Rs 175 on Vedanta share.

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