Home MarketKarnataka Bank Ltd.

Karnataka Bank Ltd. Stock Info: As on 2018-04-25 15:59:57

Nse

116.95

-0.70(-0.59%)
Change%
52 Week Range
108.00
12.00
181.00
2.00
Open117.55
Day's Range105.89 - 129.42
Value Traded (in ₹ Cr.) 12.76

Bse

117.80

0.05(0.04%)
Change %
52 Week Range
106.95
2.00
181.15
2.00
Open117.35
Day's Range105.98 - 129.53
Value Traded (in ₹ Cr.) 0.95

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 0.00 0.00%
Mutual Funds/UTI 17,918,036.00 6.34%
FII 41,662,286.00 14.74%
Employee 0.00 0.00%
Public 177,876,789.00 62.94%
Government 0.00 0.00%
Others 26,930,870.00 9.53%
More

Key Statistics

Valuation Measures
Basic EPS 19.38
Diluted EPS 19.38
Cash EPS 17.76
BVPerShare Excl 181.96
BVPerShare Incl 181.96
Operating Revenue 183.48
Price BV 0.77
PriceTo Sales 0.76
Retention Ratios 100.00
Dividend 4.00
Earnings Yield 0.11
NP Per Share 16.00
Cost To Income 30.82
Enterprise Value 586114514205.00
Interest Per Employee 6497181.68
EVPer NetSales 11.30
Int Exp By EarningAssets 5.76
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 5,994.74
Total Expenses 5,542.48
EBITDA 9,287.01
PBT 467.95
PAT 452.26
Net Income 452.26
More
Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 3,113.68
Total Expenses 2,437.74
EBITDA 2,459.75
PBT 251.08
PAT 227.23
Net Income 227.23
More
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 282.62
Net worth 5,142.58
Investments 20,219.73
Total Liability 64,126.55
Total debt 57,565.73
Net block 720.57
Total Assets 64,126.55
Parameter Mar-17 (₹ Cr.) 6M % change
Total share capital 188.47
Net worth 3,690.58
Investments 16,256.65
Total Liability 56,500.33
Total debt 51,539.69
Net block 306.64
Total Assets 56,500.33
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

498.4 504.85 -1.28
496.3521.45

Bandhan Bank Ltd.

494.3 489.85 0.91
481.75510.5

City Union Bank Ltd.

185.85 181.05 2.65
178.05189.55

DCB Bank Ltd.

192.5 194.05 -0.8
190.75201

Dhanlaxmi Bank Ltd.

21.6 21.95 -1.59
21.522.55

Federal Bank Ltd.

95.95 97.45 -1.54
95.599.8

HDFC Bank Ltd.

1920.75 1935 -0.74
1860.31979
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

498.4 505.25 -1.36
497522.5

Bandhan Bank Ltd.

0 0 0
481.75510

City Union Bank Ltd.

184.6 180.6 2.21
178.25188

DCB Bank Ltd.

193.15 194.05 -0.46
190.65201

Dhanlaxmi Bank Ltd.

21.4 22 -2.73
21.422.9

Federal Bank Ltd.

95.8 97.45 -1.69
95.299.9

HDFC Bank Ltd.

1917.2 1936 -0.97
1894.851984
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities -184.11
Cash from investing activities -39.86
Cash from financing activities 453.08
Net change in cash 229.11

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Kotak Equity Arbitrage Fund - Regular Plan 0.28%
JM Arbitrage Advantage Fund 0.75%
Edelweiss Arbitrage Fund 0.49%
IDFC Sterling Equity Fund 0.96%
Reliance Arbitrage Advantage Fund 0.33%
Kotak Equity Savings Fund - Regular Plan 1.20%

Astec Lifesciences board to consider final dividend

Astec LifeSciences, a producer of agrochemicals and pharmaceutical intermediates, on Wednesday said that its board would consider recommendation of Final dividend on the equity shares of the company for the Financial Year ended March 31, 2018. “The Meeting of Board of Directors of the Company is scheduled to be held on May 02, 2018, to consider and approve the Standalone and Consolidated Audited Financial Results for the Quarter and Financial Year ended March 31, 2018,” Astec LifeSciences said in a filing to the Bombay Stock Exchange. Meanwhile, shares of company closed day’s trade at 643.50 apiece, up 4.26 per cent, on the Bombay Stock Exchange on Wednesday.

25-04-2018 17:24

Anmol Ambani enters boards of Reliance Nippon Life AMC, RHF

Anmol Ambani, the eldest son of Reliance group chairman Anil Ambani, has been appointed on the boards of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF), reported PTI. The boards of directors of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF) have appointed Anmol Ambani onto their respective boards, said Reliance Capital, a part of Reliance group, in a statement today. Anmol Ambani, 26, is currently the Executive Director of Reliance Capital, the holding company of the group's financial services businesses. Anmol has effected significant changes to the senior leadership team in the group companies, attracting a string of top talent from reputed companies. This positions us better for future growth, has helped bring in fresh thinking and augurs well for the culture change Anmol is driving across the group,” Anil Dhirubhai Ambani said. Anmol was inducted into the board of Reliance Capital in August 2016. He has played an active role in steering the strategy and performance of the operating companies working closely with their respective CEOs, and in bringing about greater cohesion among group entities, Anil Ambani added further. In a fast-growing economy, the potential for both Reliance Nippon Life Asset Management and Reliance Home Finance is immense... We are capturing these opportunities as our recent financial performance reflects, Anmol Ambani said.

25-04-2018 16:37

PNB to hire detective agencies to locate untraceable borrowers

Fraud-hit Punjab National Bank (PNB) has invited applications for empanelment of detective agencies to locate its untraceable borrowers as it looks to significantly supplement efforts to recover bad loans which surged to Rs 57,519 crore at December end, reported PTI. In its efforts to recover NPAs, the PNB has also resorted to 'Gandhigiri' wherein its staff hope to 'name and shame' defaulting borrowers to recover up to Rs 150 crore worth bad loans every month. The Delhi-headquartered bank has been at the receiving end of the over Rs 13,000 crore fraud involving diamond merchants Nirav Modi and Mehul Choksi. PNB today invited applications to empanel detective agencies with an aim to significantly supplement efforts of the field officials in recovering bank's dues in NPA accounts by utilising services of the detective agencies, it said. Interested parties have been asked to file applications and relevant documents by May 5. All NPA accounts (sub-standard, doubtful and loss category would be allocated to detective agencies for gathering information required by the bank. Services of detectives will be hired to locate the borrower(s)/co-borrower(s)/guarantor(s)/ mortgagor(s), (in/outside India) including their legal heirs who are either untraceable or not available at the addresses given in bank's records. The selected agencies will have to ascertain latest information about defaulters present address, occupation, business, income streams, details of their all assets, among other things. They will also have to find out details of bank accounts maintained by the defaulting borrower/guarantor, including their legal heirs. Agencies will be given a maximum 60 days for submission of report, which may be extended to 90 days in emergent circumstances keeping in view complexity of the case. PNB, which is the country's second largest state-run lender after SBI, had gross non-performing assets (NPAs) of Rs 57,519 crore or 12.11 per cent of gross advances as of December 2017.

25-04-2018 16:34

Toyota starts bookings for Yaris; launch in May

Toyota Kirloskar Motor (TKM) today commenced pre-launch bookings of its upcoming mid-sized sedan Yaris, with introductory prices ranging between Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), reported PTI. TKM, which is a joint venture between auto major Toyota and Kirloskar group, will launch the vehicle in May. Yaris, which marks TKM's entry into highly competitive mid-sized sedan segment, would compete with the likes of Honda City, Maruti Suzuki Ciaz and Hyundai Verna in the Indian market. Customers can make their bookings with Rs 50,000 at any of the authorised Toyota dealerships across the country with deliveries beginning from next month, TKM said in a statement. The manual transmission variants of the sedan are priced between Rs 8.75 lakh and Rs 12.85 lakh while the automatic trims are tagged between Rs 9.95 lakh and Rs 14.07 lakh. The Yaris comes with a 1.5 litre petrol engine mated to 7-speed CVT (continuous variable transmission) and 6-speed manual transmission options.

25-04-2018 15:42

Rs 10,012 cr aid given to UP in 2017-18: Nabard

Development bank Nabard said it has provided an assistance of Rs 10,012 crore to Uttar Pradeshg during 2017-18 to facilitate overall development with special focus on agricultural credit, reported PTI. This has been achieved through commercial banks, RRBs and cooperatives, infrastructure development through dedicated funds, strengthening of rural financial institutions, women empowerment through Self Help Groups, micro-finance and several other new initiatives, Nabard Chief General Manager A K Panda said in a release. Panda said digital transformation of RFIs and rural enterprises, development plans for Bundelkhand region, crop residue management in western UP and irrigation infrastructure and its command management would be on the priority list of the National Bank for Agriculture and Rural Development (Nabard)for 2018-19. He said the financial assistance extended to the state during 2017-18 included Rs 8,450 crore released to commercial banks, Regional Rural Banks and Cooperative Banks for financing agriculture allied and off farm sectors in the state by way of short and long term refinance support. Sanctions under RIDF loans aggregated Rs 1,706 crore and disbursed amount was Rs 1,500 crore for rural infrastructure projects including Rs 1,050 crore for Kanharirrigation project in Sonbhadra. On Nabard's future road map, Panda said it has projected a ground level credit flow target of Rs 2,37,801 crore for 2018-19 for financing by banks under priority sectors such as agriculture, SMEs and other priority sector in Uttar Pradesh which is 17 per cent higher than the projections of Rs 2,10,910 crore for 2017-18. The focus would be on doubling of farmers income and rural employment generation through skill and enterprise development in cluster mode, he added.

25-04-2018 15:35

Karnataka Bank - Press Release

The Karnataka Bank Limited has informed the Exchange regarding a press release dated April 16, 2018, titled Greetings to Shri Mahabaleshwara M S, Managing Director & CEO, Karnataka Bank.

16-Apr-2018 02:55 PM

Karnataka Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Greetings to Shri Mahabaleshwara M S, Managing Director & CEO, Karnataka Bank

16-Apr-2018 02:55 PM

Karnataka Bank - Updates

The Karnataka Bank Limited has informed the Exchange that NSE WDM-Extinguishment Of ISIN number INE614809029 upon redemption of Subordinated Debt Instrument (Lower Tier 2 Bonds) (Series II).

16-Apr-2018 08:27 AM

Karnataka Bank - Extinguishment Of ISIN Number INE614809029 Upon Redemption Of Subordinated
Debt Instrument (Lower Tier 2

Extinguishment Of ISIN number INE614809029 upon redemption of Subordinated
Debt Instrument (Lower Tier 2 Bonds) (Series II).

13-Apr-2018 08:54 PM

Karnataka Bank - Press Release

The Karnataka Bank Limited has informed the Exchange regarding a press release dated April 12, 2018, titled A satisfied customer is Bank''s Ambassador-Address by Shri Mahabaleshwara M.S, MD & CEO of the Bank at the Regional Heads'' Review Conference, held at Mangaluru, today..

12-Apr-2018 05:38 PM

Karnataka Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Greetings to Shri Mahabaleshwara M S, Managing Director & CEO, Karnataka Bank

16-Apr-2018 02:55 PM

Karnataka Bank - Extinguishment Of ISIN Number INE614809029 Upon Redemption Of Subordinated
Debt Instrument (Lower Tier 2

Extinguishment Of ISIN number INE614809029 upon redemption of Subordinated
Debt Instrument (Lower Tier 2 Bonds) (Series II).

13-Apr-2018 08:54 PM

Karnataka Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

A satisfied customer is Bank''s Ambassador-Address by Shri Mahabaleshwara M.S, MD & CEO of the Bank at the Regional Heads'' Review Conference, held at Mangaluru, today.

12-Apr-2018 05:38 PM

Corporate Details

About Management

YEAR EVENTS 1924 - The Bank was incorporated on the 18th day of February at Mangalore. The Bank was promoted in 1924 by Late Shri B. R. Vyasarayachar and other leading members of the South Kanara Region. The Company is engaged in banking business. 1952 - 25,000 No. of equity shares issued at par. 1958 - The Bank was included in the second schedule with effect from 11th January and upgraded from `D' class to `C' class. 1963 - Rs 5 per share was called-up on the 25,000 shares issued in 1952. 1964 - The Bank took over the assets and liabilities of the Chitaldurg Bank Ltd. - 50,000 No. of equity shares issued at par. 1966 - The Bank took over the assets and liabilities of the Bank of Karnataka Ltd., Hubli and consequently opened 14 new branches in places where the Bank of Karnataka Ltd., was formerly functioning. 1970 - Rs 5 per shares called-up during the year making the shares fully called-up. 1978 - Arrears Rs 13,805/-. 1981 - Arrears Rs 3,075/-. 1982 - Arrears Rs 2,900/-. 1983 - Arrears Rs 775/-. 1984 - Arrears Rs 500/-. 1985 - 1,50,000 rights shares issued at par. 1989 - The Company opened a merchant banking division during the year. - 2,50,000 rights shares issued at par. 1990 - Shares sub-divided and 30,000 shares issued at par. 1996 - Authorised capital increased. Difference shares issued through a Rights and Public issue. 2000 - Karnataka Bank, a Mangalore-based private sector bank, has initiated a strategic technology tie-up with the Infosys Technology Limited. - Karnataka Bank, which has entered into a`strategic technological tie-up' with Infosys Technologies Ltd to implement a `Centralised core banking solution' called `Finacle', hopes to be able to provide all the facilities linked with this by the end of the current year. 2002 -Launches multi-branch banking system in 5 cities, allowing customers to bank anywhere within the network. -Launches a relief package after a continous downslide in the prices of different agricultural commodities. -Donates 3 computers to Kannada Sahitya Parishad's President Mr Harikrishna punaroor. -Slashes down the interest rate by 1 to 3 percent on all schematic loans and advances. -Mr A Krishna Kumar Kodgi ceases to be the Director on the Board of the Bank. -Board approves for the issue of bonus shares in the ratio of 1 equity share for every 1 share held on a record date to be fixed later and to offer 1 equity share of Rs.10 each at the price of Rs.25 per share including the share premium. -Ties up with Metlife India for the distribution of insurance products as a corporate agent. -Conducts a 2 day seminar for the bank's inspecting officials. -Allots bonus shares in the ratio of 1:1, 13462372 shares of Rs.10 each have been alloted keeping in abeyance the bonus entitlements of 23850 shares. -Revises the term deposit rates - 5% on domestic term deposits for a period of 7-14 days (deposits of Rs 15 lakh), 5% for 15 to 45 days, 6% for 46 to 90 days, 6.5% for 91 to 179 days, 7% for 180 days to less than one year, 7.5% for one to three years and 7.25% for deposits above three years. 2003 -Reduces its Prime Lending Rates by 0.50 percent, and now the PLR will be 12%. -Offers rights issue of shares in the ratio of one share for every two shares of post-bonus share capital at a premium of Rs. 15 pershare at Rs.10 face value. -Pubic Relations Society of India confers 'The PR person of the year 2002' award on the Chairman and CEO of the Bank, Mr. AnanthaKrishna. -Introduces a new ' resident foreign currency account' in the wake of RBI's permission to maintain foreign currency accounts. -Mr Ananthakrishna's term as the Chairman of the bank is extended for a period of 3 years. -Passes resolution on the declaration of dividend of 22% on the entire paid up capital , and appointment of Mr Bheema Bhat as the Director of the bank. -Announces 1% interest rebate for prompt repayment of loans taken by farmers with a view of increasing its farm credit portfolio. -Revises the interest rate for domestic term deposits. it would pay 4.5% on domestic term deposit for 7 - 14 days (deposits of 15 lakh & above), 4.5% for 15 - 45 days, 5% for 46 - 90 days 5.5% for 91 - 179 days, 6% for 180 - < 1 year, 6.5% for 1 - 3 years, 6.25% for above 3 years. -Change in its Registered Office to PB No. 599, Mahaveera Circle, Kankanady, Mangalore - 575002. PH No:0824-2228222 Fax: 0824- 2225588 Email : info@ktkbank.com. -Ties up with Melife India and launches K-Life a term product designed for SB/current account holders of the bank. -Launches a credit product 'KBL Insta Cash' for consumption purposes, and 'KBL Vahana Mitra' for the purchase of new vehicles. -Bank along with Western Union Financial Services ties up with Bharat Overseas Bank to provide inbound money transfer services. -Allotted 6950 bonus shares as fully paid up equity shares of Rs. 10 each on release of bonus entitlement kept in abeyence in the Bonus Issue 2002. -The Delhi region of the Karnataka Bank has bagged the golden trophy for Best Region and Ludhiana branch bagged the silver trophy for Best Branch, instituted by the Karnataka Bank Employees' Association. The relationship between the management and the union should be based on mutual trust and a sense of responsibility. -Karnataka Bank enters into MOU with Bajaj Allianz 2004 -Karnataka Bank deploys finacle solution in Mangalore branch -The Karnataka Bank Limited has informed that Shri. K. N. Ramasubramanian ceased to be the Director on the Board of the Bank w.e.f. January 19, 2004 on completion of term of 8 years in accordance with Section 10-A of the Banking Regulation Act, 1949. - Bank forms ad-hoc committee for undertaking procedures and performance audit on public services rendered to its customers. The committee comprises the Deputy General Managers, Mr K. Venkataramana Tunga, Mr N. Upendra Prabhu, Mr K.H. Shivaswamy Aithal, and Mr P. Jairama Hande. Mr M.S. Mahabaleshwar Bhat, Assistant General Manager, is the convenor and nodal officer to serve as contact point with the RBI committee. -Karnataka Bank Limited launched 'Gold Card Scheme' for exporters -Delist from the Bangalore Stock Exchange Ltd with effect from November 24, 2004. -Karnataka Bank ties up with India Switch Company -Karnataka Bank's sets up 16th branch in Mumbai 2005 -Karnataka Bank opens branch in Delhi -Karnataka Bank launches Money Quick under real time gross settlement (RTGS) system -Karnataka Bank sets up 46th ATM at Udupi -Karnataka Bank inks agreement with National Financial Switch for ATM connectivity -Karnataka Bank sets up new ATM at Davangere -Karnataka Bank launches `no frills' accounts -Karnataka Bank Issues Rights in the Ratio of 2:1 2006 -Karnataka Bank launched CDSL-DP services at select branches. -Karnataka Bank sets up 396th branch at Vazira Naka -Karnataka Bank Ltd has entered into an agreement with the Indian Railway Catering and Tourism Corporation Ltd. 2007 -Karnataka Bank Ltd has informed that the Board of Directors of the Bank at its meeting held on January 05, 2007 has appointed Shri. T S Vishwanath, Senior Partner, Vishwanath Singh & Associates, Chartered Accountants, New Delhi as Additional Director of the Bank u/s 260 of the Companies Act, 1956. -Karnataka Bank Ltd has appointed Shri. M Sitarama Murty (Retired Managing Director of State Bank of Mysore), Secunderabad as an additional Director of the Bank with effect from November 30, 2007. 2009 - Karnataka Bank has joined hands with HMT Ltd for financing purchase of tractors and the finance will be extended under bank's 'KBL - HMT Sarathi' scheme. - Karnataka Bank Ltd has informed BSE that the members at the 85th Annual General Meeting (AGM) of the Bank held on August 08, 2009, have resolved to appoint M/s. Kamath & Rau, Chartered Accounts, Mangalore and M/s. Vishnu Daya & Co, Chartered Accountants, Bangalore jointly as Statutory Central Auditors of the Bank to hold office from the conclusion of 85th Annual General Meeting until the conclusion of the next Annual General Meeting. - Karnataka Bank Ltd has signed a pact with JCB India Ltd for financing purchase of earth-moving equipment such as backhoe loaders, wheel loaders, excavators, compactors, cranes and skid steers. 2010 - During the Global Investors' Meet in Bangalore, Karnataka Bank Ltd signed the pact with the Government of Karnataka. - Karnataka Bank Ltd has received a special award for use of 'IT (information technology) for internal effectiveness' for 2009. 2011 -"Karnataka Bank offers Online Trading Services in alliance with Way2Wealth Brokers Pvt. Ltd". -Karnataka Bank Ltd Issues Rights in the Ratio of 2:5 2012 -Shri P. Jayarama Bhat has been re-appointed as the Managing Director & CEO of the Bank. -"Karnataka BANK'S Memorandum of Understanding with NABARD for NABCONS". -Karnataka Bank receives National Award for being the best banker among middle-sized banks in customer friendliness. -Karnataka Bank receives I.B.A. Banking Technology Awards 2011. -" Karnataka Bank Bags Two I.B.A. Awards". -"Karnataka Bank launches Current & Savings Accounts campaign". -"Karnataka Bank introduces revised Kisan Credit Card scheme for farmers". -Karnata.Bank - "Operational Excellence Award" to Karnataka Bank in A T M Service. -Karnataka Bank launches public awareness program. -"Karnataka Bank opened First Ultra Small Branch at Byadanur Village of Tumkur District". 2013 -Social Banking Excellence Award. -"Karnataka Bank to Open 26 Ultra Small Branches (USBs). -"Agri Meet" by Karnataka Bank". -"Extend Service and Expand Business". -"Karnataka Bank raises Deposit Interest Rates". -"Karnataka Bank ties up with TimesofMoney for online money transfers into India". -"Karnataka Bank gets ISO 27001:2005 certification for its IT setup" -"Karnataka Bank Launches Special Campaign for Home and Car Loans". 2014 -"Karnataka Bank Launches Online Loan Application for MSME Customers". -"Empower all Households with Banking Facilities". -"Focus on Quality Growth". -"Karnataka Bank to open another 22 branches this fiscal". - "Karnataka Bank opens its 600th branch at Dispur in Assam". -"Karnataka Bank Launches "i-Hundi" Facility thru IVR" - "Training on Information Security Management Systems (ISMS)". 2015 - Karnataka Bank signed MoU with INTECH - Karnataka Bank joins hands with New India Assurance Co Ltd for launching Pradhan Mantri Suraksha Bima Yojna - Karnataka Bank inks MoU with New India Assurance co Ltd. - Karnataka Bank Awarded with ISO 27001:2013 Certificate - Karnataka Bank inks MoU with EICML - "Karnataka Bank Launches Online Loan Application Submission & Credit Proposal Tracking System for MSME Customers - Karnataka Bank launches MUDRA card under Pradhan Mantri Mudra Yojana (PMMY) 2016 -"Karnataka Bank Bags MSME Banking Excellence Awards 2015". -"Karnataka Bank Bags Four Assocham Social Banking Excellence Awards". -"Karnataka Bank introduced one more new technology based facility "Online Account Opening"". -Karnataka Bank bags IBA Banking Technology Award. -"Karnataka Bank Launches 'Cash Back Campaign' on VISA Debit Cards". -Karnataka Bank launches anti-tobacco campaign as part of CSR. - "Karnataka Bank bags CFBP Jamnalal Bajaj Awards 2015". -"Karnataka Bank bags IDRBT Banking Technology Award". -"Karnataka Bank launches 'KBL POS MANAGER' Android Mobile App for its POS (EDC) Merchants".

Registered Office

P B No 599, Mahaveera Circle, Kankanady,

0824-2228222,,,      0824-2225588,

investor.grievance@ktkbank.com

http://www.karnatakabank.com

Registrar Details

Integrated Registry Management Services Pvt. Ltd.