The business turnover of the bank touched Rs 1,27,021.51 crore as on September end, registering a 2.72% growth on year-on-year basis. Karnataka Bank has donated a sum of Rs 50.00 lakhs to ‘Karnataka State Disaster Management Authority’ as part of its Corporate Social Responsibility (CSR) towards the rehabilitation of victims and reconstruction of affected areas in the recent floods in Karnataka State. Regulation 39(3) of SEBI (LODR) Regulations, 2015 - Private lender has appointed Justice AV Chandrashekar and Pradeep Kumar Panja as additional directors at its board meeting.Chandrashekar is a former judge of the Karnataka high court and Panja is a career banker, retired as managing director of SBI. Payment of interest on Subordinated Debt Instruments (Lower Tier 2 Bonds) (Series IV & Series V). Submission of Certificate under Regulation 7(3) of SEBI (LODR)2015 for the Half Year ended 30.09.2020. His comments in a press statement followed reports in the social media about the health of the bank. Karnataka Bank Ltd has informed BSE regarding Loss of Share Certificate / Issue of Duplicate Share Certificate. The company said its loss ratio improved by 2.58% to 78% as compared with 80.58% in the year ago period, mainly due to improvements in health insurance, personal accident insurance, marine insurance and motor insurance loss ratio. CIR/CFD/CMD/4/2015 dated 9th September 2015 is given in the Annexure to this letter. is introduced for Addition of Beneficiary. Rupee opens 10 paise higher against the US dollar, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. Here’s how, Amazon vs Reliance: Arbitration to include Future Retail, rules Singapore Court, Covid vaccine rush in China raises fears of booming black market, and India isn't immune either, Following the likes of Buffett, Peter Lynch biggest mistake of my life: Shankar Sharma, Bitcoin tops $16,000-mark! Find Karnataka Bank news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Karnataka Bank donates ambulance to district administration Person loses Rs 1.5 lakh after clicking on web link The top devices for e-learning Man booked for … The Department collected 934 crore last month, which was 32 crore higher than the corresponding period last year. A bank’s health is measured by capital to risk weighted assets ratio (), and not by m-cap to deposit ratio as claimed by … While Corporation Bank will merge with Union Bank of India and Andhra Bank, Syndicate Bank will merge with Canara. November 01, 2020. Karnataka Bank appoints Mrs. Uma Shankar as Additional Director to hold office w.e.f. KARNATAKA BANK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/10/2020,inter alia, to consider and approve the unaudited financial results of the Bank standalone and unaudited consolidated financial results for the quarter & … The bank has three subsidiaries including Universal Sompo General Insurance and Ind Bank Merchant Banking Services. Total income rose to Rs 1,933.52 crore in the quarter under review, against Rs 1,902.41 crore in the same period of 2019-20, Karnataka Bank said in a regulatory filing. Karnataka Bank share price live updates on The Economic Times. Transcript of the conference call held on 13.10.2020. November 1, 2020. Karnataka Bank Ltd., incorporated in the year 1924, is a banking company (having a market cap of Rs 1358.50 Crore). Its total income during the April-June 2020 quarter rose to Rs 2,134.63 crore, from Rs 1,794.33 crore a year ago, a press release from the bank said. Karnataka Bank Ltd. (KTKBANK) - Latest News & Headlines HDFC twins, ICICI Bank help Sensex settle 169 pts higher; Nifty tops 11,950 3.45 pm | 14 Oct 2020 | Business Standard Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Stock Analysis, IPO, Mutual Funds, Bonds & More. We wish to inform you that Shri. Submission of Certificate under Regulation 40(10) of SEBI (LODR)2015 for the Half Year ended 30.09.2020. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now. Karnataka Bank Latest breaking news, pictures, photos and Video News. Cooling period of 30 Mins. Stamp duty and registration fee collections in key cities, including Bengaluru, have shown a clear increase in October from the year-ago period. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. You can switch off notifications anytime using browser settings. Appointment of Independent Director - Mrs. Uma Shankar - Continuation of earlier intimation. For more details, kindly Click here. Use services in a secure environment with our: NOTE: Transaction password is removed w.e.f. Check out why Karnataka Bank share price is up today. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Strike call given by the All India Bank Employees Association and All India Bank Officers Association.
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