Karnataka Bank has 756 branches across India spread over 23 states and union territories.
Karnataka state, with 473 branches has the largest number of Karnataka Bank branches in India followed by Tamil Nadu state with 51 branches and Maharashtra state with 44 branches.
Statewise distribution of Karnataka Bank branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
Karnataka Bank is a Private Bank in India with 675 branches, 1,000 ATM's and 7,382 employees across the country.
Karnataka Bank's registered office is located at P.O. Box 599, Mahaveera Circle, Kankanady, Mangalore-575002 India.
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 1,169 crs and Standalone net profit of Rs. 451 crs. Karnataka Bank reported total deposits of Rs. 46,009 crs and total advances of Rs. 31,680 crs.
Karnataka Bank's management is led by its CEO Mr. P Jayarama Bhat.
Highest fixed deposit interest offered by Karnataka Bank is % per annum on deposits.
Its current Base Rate is 10.25%, which was last revised on 05th Oct 15.
17th Sep 16 Karnataka Bank launches retail loan portal
Karnataka Bank has launched an online retail loan web portal named KBL-Loan Junction. This will facilitate the customers to check their retail loan eligibility and submit their loan application online. The bank also offers credit proposal tracking system as part of the initiative.
06th Aug 16 Karnataka Bank launched a mobile app for POS merchants
Karnataka Bank launched KBL POS Manager mobile app to its POS merchants to enable ease and convenience to the merchants KBL POS Manager is an Android based mobile application launched to manage the activities around the POS installation like monitoring daily reports, to know latest settlement report value, to request statements from the app etc. With this initiative, merchants can manage their store sales through smart phone. Bank has taken this initiative to improve client satisfaction and support merchants to do more transactions.
28th Jul 16 Karnataka Bank Q1FY17 Net Profit increases by 11%
As per the results for Q1FY17, Karnataka Bank Ltd. has reported a 11.2 percent increase in Net Profit to Rs 121.5 crore, from Rs 109.3 crore in the same quarter last year.
Net Interest Income(NII) increased by 10.1 percent to Rs 364.7 crore and other income increased by 46 percent to Rs 174.4 crore in the June quarter . The asset quality showed signs of weakening as Gross NPAs as a percentage of total advances, increased to 3.92 percent from 3.44 percent and Net NPA also increased to 2.61 percent from 2.35 percent in March quarter.
The provision against bad debt also increased by 21.2 to Rs 136.3 crore from Rs 112.5 when compared on qoq basis.
22nd Jan 16 Karnataka Bank standalone net profit declines 9 per cent for third quarter ending Dec 2015
Karnataka bank net profit declined by 9.37% due to a decrease in spread and an increase in Net Interest Income (NII)
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