Karnataka Bank Ltd - Company Profile
Powered by 
All the data and insights you need on Karnataka Bank Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date Karnataka Bank Ltd Strategy Report
- Understand Karnataka Bank Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Karnataka Bank Ltd (Karnataka Bank) is a provider of retail and corporate banking and related financial solutions. The bank's primary activities include accepting various types of deposits such as savings, current, term, and recurring deposits, and providing credit solutions for economic growth. Its major services encompass a wide range of banking products and services, including deposit accounts, lending solutions, co-branded credit cards, NRI banking, remittance services, and digital banking services. Karnataka Bank also provides agricultural lending, supporting the nation's farmers, and corporate lending to fuel business growth. The bank has partnered with various channel partners to distribute its financial services and investment products. It operates primarily in India, serving customers nationwide, focusing on financial inclusion and fostering a culture of saving. Karnataka Bank is headquartered in Mangaluru, Karnataka, India.
Headquarters
India
Address
P B No 599, Mahaveera Circle, Mangalore, Karnataka, 575002
Website
karnatakabank.com
Telephone
91 824 2228222
No of Employees
8,652
Industry
Financial Services
Ticker Symbol & Exchange
KTKBANK (NSE)
Revenue (2022)
$1.0B
14.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
132.2%
(2022 vs 2021)
Market Cap*
$978.2M
Net Profit Margin (2022)
XYZ
102.8%
(2022 vs 2021)
* As of and is in US$
Karnataka Bank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Internet Banking |
| Saving accounts | Mobile Banking |
| Current Accounts | Demat Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In January, the company announced its plans to sell a 1.08% stake to ICICI Lombard. |
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with Satin Creditcare Network to provide financial support to Joint Liability Groups. |
| 2023 | Contracts/Agreements | In February, the company entered into a co-lending agreement with Paisalo Digital Limited to provide financial support to small income segment and to give impetus to the micro & small enterprise segment of the country. |
Competitor Comparison
| Key Parameters | Karnataka Bank Ltd | South Indian Bank Ltd | Karur Vysya Bank Ltd | Ujjivan Small Finance Bank Ltd | DCB Bank Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mangalore | Thrichur | Karur | Bangalore | Mumbai |
| State/Province | Karnataka | Kerala | Tamil Nadu | Karnataka | Maharashtra |
| No. of Employees | 8,652 | 9,481 | 7,402 | 21,796 | 9,905 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| P Pradeep Kumar | Chairman | Executive Board | 2021 | 64 |
| Srikrishnan Hari Hara Sarma | Director; Chief Executive Officer; Managing Director | Executive Board | 2023 | 61 |
| Venkat Krishnan V | Chief Information Officer | Senior Management | 2024 | - |
| B R Ashok | Director | Non Executive Board | 2019 | 57 |
| Uma Shankar | Director | Non Executive Board | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward