Karnataka Bank, on the occasion of Centenary year of the Bank has launched a Special campaign KBL Centenary Mahotsav for Home loan from 17.04.2023 to 17.07.2023.
Mahabaleshwara M S, the incumbent managing director and Chief Executive Officer (MD & CEO) of Karnataka Bank, demitted the office on April 14, after successful completion of his second term of three years, the bank said in a regulatory filing.
The Reserve Bank of India vide its letter dated 12.04.2023 has conveyed approval for appointment of Mr. Sekhar Rao, Executive Director of the Bank as interim Managing Director & CEO for a period of three months.
Addressing the staff members of branches and offices across the country in the new financial year from the Mangaluru head office through virtual mode on Friday, he outlined the blueprint of the strategies and broad plan of action for the year 2023-24.