Karnataka Bank West Bengal IFSC code, MICR code, Address
Karnataka Bank branch details in West Bengal
Last Updated 30th Mar 2017
Karnataka Bank has 19 branches in West Bengal spread over 7 districts of Alipurduar, Bankura, Bardhaman, Birbhum, Coochbehar, Dakshin Dinajpur, Darjeeling, East Midnapore, Hooghly, Howrah, Jalpaiguri, Kolkata, Malda, Murshidabad, Nadia, North 24 Parganas, Purulia, Siliguri, South 24 Parganas, Uttar Dinajpur, West Medinipur.
Kolkata district, with 9 branches has the largest number of Karnataka Bank branches in West Bengal followed by South 24 Parganas district with 3 branches and West Medinipur district with 1.
District wise distribution of Karnataka Bank branches in West Bengal is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
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.
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.
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.
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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