Karnataka Bank Shares Fall 5% After Tepid Q4 Provisional Data
Shares of Karnataka Bank fell 4.89% to Rs 129.40 in morning trade on April 3 after the privately held lender posted lacklustre provisional data for...
Tag : Karnataka Bank
HDFC Bank Hikes MCLR Rates by 10Bps to 8.2%
On Wednesday, HDFC Bank raised the marginal cost of the funds-based lending rate (MCLR) by ten basis points to 8.2%. This is the bank’s fifth...
Karnataka Bank Revises Interest Rates on Fixed Deposits of Less Than Rs 2 Crore
Karnataka Bank has adjusted the interest rates on fixed deposits under Rs 2 crore. According to the bank’s official website, the new rates will go...
JCB India Nominates Karnataka Bank as Preferred Financier
The headquarter of Karnataka Bank has signed a Memorandum of Understanding (MoU) with JCB India Ltd. As per the company’s agreement, JCB will be nominating...
Tata’s Plan To Buy Coffee Day’s Vending Business Hits Hurdle
Yes Bank and Rabobank, lenders to Coffee Day Global Ltd (CGDL), have urged repayment of their entire dues for granting a no-objection certificate (NOC) to the...
Karnataka Bank Net Profit Up 13% to Rs 119.44 Crore in Q2 Results
On Tuesday, Karnataka Bank reported a 13 per cent increase in its net profit at Rs 119.44 crore for the quarter ended on 30 September, 2020 against...
Karnataka Bank’s Q2 FY19 Net Profit Rises By 20% To Rs. 111.86 Crores
The Private sector Karnataka Bank released their quarterly financial report with a 20 per cent rise in its net profit at Rs. 111.86 crores for...
Karnataka Bank to divest 8.26% stake in Universal Sompo
Karnataka Bank will divest 8.26% stake in Universal Sompo General Insurance to Dabur Investment Corporation and Sompo Japan. This transaction is awaiting approval from Insurance Regulatory and Development...
Karnataka Bank discloses exposure of Rs.86.5 cr to Gitanjali Gems
Karnataka Bank has reported RBI that, Gitanjali Gems has committed a fraud of Rs.86.47 crore in the fund based working capital. In a BSE filing...
Karnataka Bank’s right issue has ended with over-subscription
The right issue of Karnataka Bank for one share for every two shares at Rs 70 apeice has closed with a subscription of over 185...