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Karnataka Bank Ltd. (India)

Main Activities: Commercial Banking
Full name: Karnataka Bank Ltd. Profile Updated: March 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Karnataka Bank Ltd. is a leading 'A' Class Scheduled Commercial Bank in India. It was incorporated on February 18th, 1924 in Mangaluru, a coastal town in Karnataka State. The bank has a national presence with 901 branches spread across 22 states and 2 Union Territories. With over 9 decades of experience, the bank offers a comprehensive range of customized products and services suitable for every kind of market, trade, or perceived need. These include borrowing facilities, deposits, optimum returns on surplus funds, and assistance with overseas transactions. Karnataka Bank is managed by a dedicated and professional management team and has over 8,220 employees, 1,46,000 shareholders, and more than 10.21 million customers. It is recognized as a leading financial service institution in India.

Headquarters
P B No 599,, , Mahaveera Circle
Mangalore; Karnataka; Postal Code: 575002

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Website: http://www.karnatakabank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1924
Key Executives
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Non Executive Chairman
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Chief Executive Director and Managing Director
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Director
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Director
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Director
Ownership Details
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56.76%
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19.03%
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11.87%
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6.5%
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5.83%
Company Performance
Financial values in the chart are available after Karnataka Bank Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
31.34%
Total operating revenue
31.34%
Net Profit (Loss) for the Period
173.22%
Total equity
11.49%
Net Profit Margin
8.79%
Return on Equity (ROE)
176.19%

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