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Karnataka Bank News
This is the all-time high quarterly net profit for Karnataka Bank: Mahabaleshwara MS
Thu, Jul 18, 2019
As far as NBFC is concerned then we have a 15.38% exposure. In that 2 group accounts were causing some concern and were treated as NPA with the first one being IL&FS group and the second one being Reliance ADAG, says Mahabaleshwara MS.
Stock market tips: Should you buy Vedanta, Avenue Supermarts, Karnataka Bank shares? Here is what experts say
Tue, Jul 16, 2019
Brokerage Edelweiss maintains s‘HOLD’ with a target price of Rs 175 on Vedanta share.
This state-owned bank is set to rise by around 39%: Here's how
Fri, May 17, 2019
Experts believe the bank is on improvement path going forward and that is why a buy rating has been set with returns of nearly 39% in kitty ahead.
Rs 13 crore fraud! Karnataka Bank reports to RBI
Sat, Mar 23, 2019
A fraud amounting to Rs 13.26 crore in the fund-based working capital facility extended to SRS Finance Ltd.
This bank is the new gamechanger in Indian banking system! You should buy the stock, expert explains why
Fri, Mar 22, 2019
Chokkalingam G, Founder and Managing Director at Equinomics said that, Karnataka Bank has now become among one of the 'high conviction' stocks.
RBI levies Rs 4-crore fine on Karnataka Bank
Tue, Mar 05, 2019
The Reserve Bank of India (RBI) has levied a penalty of Rs 4 crore on Karnataka Bank for delayed implementation of four "Swift" related operational controls, the lender said on Monday.
PM Modi flags off Palace Queen Humsafar Express in Mysuru
Mon, Feb 19, 2018
Prime Minister Narendra Modi today flagged off the Palace Queen Humsafar Express between Mysuru and Udaipur, and also inaugurated electrification of railway line between Mysuru and KSR Bengaluru.
After SBI's 5 bps cut in MCLR; two more banks follow suit
Tue, Oct 31, 2017
MCLR was introduced on from April 2016 with an aim to ensure that the banks pass on the benefits of RBI's rate cut to their customer in faster pace.
ICICI Bank clarifies on Karnataka Bank stake holding rumors
Wed, Apr 12, 2017
A spokesperson of ICICI Bank said, “Some erroneous media reports have appeared that ICICI Bank has acquired 1.09% stake in Karnataka Bank. We would like to clarify that almost all of these shares are held by the bank on behalf of its equity broker clients as a security for our exchange clearing and settlement business.”