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Karnataka Bank appointed Mr. Sughosh Nagendra as Chief Technology Officer, effective 30 October 2026. The appointment is a senior management change with no monetary value.
Karnataka Bank reported robust growth across key metrics, driven by retail expansion and strategic pruning of low-yield corporate exposure.
Q2 FY27: PAT ₹436 cr (+36.6% YoY), NII ₹982 cr (+34.9% YoY), gross advances ₹92,015 cr (+25% YoY), GNPA 2.27% (-106 bps YoY). Asset quality and CASA are the focus.
Karnataka Bank's board approved Q2 FY27 results, with net profit of Rs.435.89 crore, up 37% YoY. Aggregate business hit an all-time high of Rs.2,07,132.41 crore.
Karnataka Bank Ltd reported revenue from operations of ₹2,504 Cr (+14.9% YoY) and net profit of ₹435.9 Cr (+36.6% YoY) for Q2 FY27.
Karnataka Bank's Chief Operating Officer, Mr. Raja B S, has resigned from the Bank's services, effective October 19, 2026, to pursue other career interests.
Karnataka Bank allotted 58,065 equity shares to employees following the exercise of vested options under the KBL Stock Option Scheme 2018.
Karnataka Bank Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
Karnataka Bank scheduled a board meeting on October 28, 2026, to consider unaudited standalone and consolidated financial results for the quarter and half year ended September 30.
Karnataka Bank launched 'Nava Dhamaka 2026', unveiling nine new digital banking, payments and lending products. The move strengthens its digital and customer-service capabilities.