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Karnataka Bank disclosed a three-day strike notice by UFBU-linked unions (28–30 Sep 2026). Normal branch functioning may be affected; losses are not quantifiable.
Karnataka Bank appointed M/s. Batliboi & Purohit as joint statutory auditors at its 102nd AGM. RBI approval was obtained for the three-year tenure.
Karnataka Bank disclosed e-voting results of its 102nd AGM via the Scrutinizer's Report. All ordinary and special resolutions passed, including final dividend and director appointments.
Karnataka Bank has promoted six officials, including Mr. Akshayaraj Ramakrishna Rao and Mr. Adiga Praveen Chakrapani, from Assistant General Manager to Deputy General Manager cadre.
Karnataka Bank disclosed a one-day UFBU strike call for Sept 11, 2026, demanding a five-day banking week. Operations may be affected; loss impact is unquantifiable.
Karnataka Bank allotted 45,800 equity shares under its Employees Stock Option Scheme, 2023. This allotment follows the exercise of vested stock options by eligible grantees.
Karnataka Bank promoted three Senior Management Personnel, Mr. Basavaraj Desalli, Mr. Raghavendra C L, and Mr. Gopalakrishna Samaga B., from Deputy General Manager to General Manager.
Karnataka Bank reported Q1FY27 Net Profit of INR 418.95 Cr, up 43% YoY. Strategy focuses on RAM segment expansion and reducing bulk deposits.
Karnataka Bank reported strong Q1FY27 results with PAT of INR 419 Cr, up 43.28% YoY. Strategy focuses on asset quality improvement and stabilizing NIMs through a comprehensive product suite transformation.
Karnataka Bank Ltd reported revenue from operations of ₹2,383 Cr (+5.4% YoY) and net profit of ₹419.1 Cr (+43.3% YoY) for Q1 FY27.