Karnataka Bank announced that Mythily Ramesh (DIN 06959991) has ceased to be an Independent Director of the Bank w.e.f close of business hours on 13 March 2023 upon completion of her tenure of five years from the date of appointment.

Powered by Capital Market - Live News

Bagchi has over 18 years of work experience in financial reporting, financial planning & control, taxation, RBI reporting, strategic planning, fund management and budgeting. He was Chief Financial officer and Head Finance at NSDL Payments Bank since September 2017.

The company said that Muralidhar Krishna Rao has demitted the office of chief financial officer of the Bank on 1 March 2023 upon completion of his term.

Karnataka Bank is an Indian private sector bank based in Mangalore. It had 885 branches, 1463 ATMs and cash recyclers and 567 e-lobbies.

The private lender's net profit surged 105.14% to Rs 300.68 crore on 16.68% increase in total income to Rs 2,055.31 crore in Q3 FY23 over Q3 FY22.

Powered by Capital Market - Live News

Karnataka Bank has appointed Sham K. (ACS 25841) as Company Secretary and Compliance Officer of the Bank with effect from 27 February 2023.

Powered by Capital Market - Live News

Karnataka Bank and Paisalo Digital have entered into a Co-Lending arrangement to provide financial support to small income segment and to give impetus to the Micro & Small Enterprise (MSEs) Segment of the country.

Powered by Capital Market - Live News