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Mahabaleshwara M.S, MD & CEO of Karnataka Bank conferred with the CEO of the Year Award


Mahabaleshwara M.S, MD & CEO of Karnataka Bank conferred with the CEO of the Year Award
Posted On:
2021-02-19 05:32:34
(Time Zone: Arizona, USA)
Shri Mahabaleshwara M.S, MD & CEO, of Karnataka Bank has been conferred with the prestigious CEO of The Year Award in the 19th Global Edition of Business Leader of the year, presented by World Leadership Congress & Awards held in a glittering function at Mumbai.
On this occasion, Shri Mahabaleshwara M.S, MD & CEO said I am humbled and privileged to receive this prestigious award on behalf of the Karnataka Bank Family. On the eve of the 97th Founders Day of the Bank, I dedicate this prestigious award to the great Founders of the Bank. I would also like to add that this award is the result of the hard work and commitment shown by the entire work force of the Bank, against the odds posed by the COVID-19 pandemic. ....

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Karnataka Bank reports net profit of Rs. 135.37 crores


Karnataka Bank reports net profit of Rs. 135.37 crores
Posted On:
2021-01-13 07:31:13
(Time Zone: Arizona, USA)
Karnataka Bank has posted a net profit of Rs. 135.37 crore for the third quarter of current financial year with a growth rate of 9.93% as against Rs. 123.14 crores of net profit earned during the corresponding quarter of the previous year. Further, for the nine months period ended Dec 2020, Bank posted a net profit of Rs. 451.10 crores as against Rs. 404.47 crores for the corresponding period of last year with y-o-y growth rate of 11.53%.
In the Meeting of the Board of Directors held today at Mangaluru through Video-conferencing, the Board approved the financial results for the quarter and nine months period ended December 31, 2020. ....

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