Tag Archives: Karnataka Bank

Karnataka Bank project for total transformation

Reported by | Updated: December 1, 2017

Karnataka Bank has announced ‘KBL Vikas’, a project aimed at total transformation of the bank. It has tied up with the Boston Consulting Group (India) for the project, which is aimed at repositioning the bank as ‘relevant and significant bank” by focusing on technology while keeping intact its core values and identity. A statement by […]

Karnataka Bank is now on Facebook, Twitter

Reported by | Updated: August 17, 2017

Karnataka Bank now has presence in social networking sites like Facebook, Twitter and YouTube. The bank has opened its official pages on these sites. The bank’s MD and CEO Mahabaleshwara M S unveiled the official handles at a function held at the bank’s head office. The official social handle of the bank is @karnatakabank on […]

Karnataka Bank aims to have Rs 110,000 cr turnover

Reported by | Updated: April 3, 2017

Karnataka Bank is aiming to achieve a business turnover of Rs 110,000 crore in 2017-18.  MD and CEO of the bank P. Jayarama Bhat said the bank is also expected to have deposits of Rs 64,500 crore and advances of Rs 45,500 crore by that date. He said as on 31 March 2017, the bank […]

Karnataka Bank installs 10000th PoS terminal

Reported by | Updated: March 29, 2017

Karnataka Bank has completed 10,000 installations of its PoS terminals. The 10000th PoS machine was installed at the Bengaluru-based Nandana Group of Hotels recently. The bank has been offering PoS services since 2011. The bank has also introduced ‘PoS Manager’, an android mobile app, to help merchants monitor and keep track of their counter transactions […]

Karnataka Bank introduces new version of mobile app

Reported by | Updated: January 7, 2017

Karnataka Bank has launched a user-friendly new version of its mobile app KBL Mobile. The bank said the new version provides better convenience of anytime and anywhere banking services with comfort and safety. It added that this is in its pursuit to provide round-the-clock seamless banking experience to its customers. KBL Mobile app is available […]

Karnataka Bank launches KBL POS Manager

Reported by | Updated: August 5, 2016

Karnataka Bank has launched a mobile app KBL POS Manager aimed to provide ease and convenience for its point-of-sale merchant establishments. The android-based mobile application will help the bank’s POS merchant establishments in managing the activities around POS installation. The bank said the app will give flexibility to merchants to manage their store sales using […]

Karnataka Bank keeps 6120 cr for agri sector

Reported by | Updated: August 4, 2016

Karnataka Bank has kept as much as Rs 6120 crore for agriculture sector for the current financial year, MD and CEO of the bank P Jayarama Bhat said. He was addressing the agriculture field officers, heads of agriculture development branches, green branches and the regional heads from across India. Bhat said around 58% of rural […]

Karnataka Bank to focus on digital banking

Reported by | Updated: August 2, 2016

Karnataka Bank intends to focus on digital banking and move ahead with digital initiatives that are on hand. The bank’s MD and CEO P. Jayarama Bhat said digital banking is the key to successful banking in the years to come and mentioned Unified Payment Interface (UPI), which the bank is in the process of launching, […]

Karnataka Bank with anti-tobacco campaign

Reported by | Updated: June 1, 2016

Karnataka Bank has launched an anti-tobacco campaign aimed at creating awareness against the use of tobacco. The initiative, as part of its CSR activities, is in association with an FM Radio channel. The bank said the objective of the campaign is to create awareness among the public about the ill-effects of the use of tobacco […]

PNB MetLife-Karnataka Bank CSR backs a crèche project

Reported by | Updated: May 3, 2016

A joint corporate responsibility initiative by PNB MetLife and Karnataka Bank will support a project for early childhood care and education for children in the age group of zero to six years in Karnataka. The project being carried out by Prajna Counselling Center located in Dakshina Kannada and Udupi districts works under Dakshina Kannada District […]