The Karnataka Bank Limited
KTKBANK.BO
Bombay Stock Exchange267.50
INR
+3.10
- -
ISIN
INE614B01018
CUSIP
Y4590V128
Return %
Stock
S&P500
1Y
35.10
26.53
3Y
76.04
76.60
5Y
320.60
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Raghavendra Srinivas Bhat
- Full Time Employees
- 8,900
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Mahaveera Circle Mangalore India 575002
- IPO Date
- May 10, 2000
- Website
- karnatakabank.com
- Similar Companies
- Business
- The Karnataka Bank Limited The Karnataka Bank Limited (KTKBANK.BO) operates as a private sector scheduled commercial bank in India, offering a comprehensive suite of banking and financial services through its four primary segments: Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. The bank provides deposit products including savings accounts, current accounts, cash certificates, fixed deposits, cumulative deposits, non-resident rupee accounts, ordinary non-resident accounts, and foreign currency accounts; loan products encompassing home, automobile, education, personal, MSME, mortgage, women entrepreneur, gold, agriculture, vehicle, and loans against property or fixed deposits; card offerings such as debit, credit, gift, deposit-only, image, and travel cards; insurance products covering life, general, and health; forex services including pre- and post-shipment finance, export bill collections, letter of credit advising, inward remittances, import letters of credit, bill collections, buyer's credit, and outward remittances; and ancillary services like internet and mobile banking, mutual funds, demat accounts, locker facilities, funds transfer, depository services, online trading, ASBA, bill payments, FASTag, and remittance facilities. Specific branded products include KBL Contractor Mitra, KBL Micro Mitra, KBL Export Mitra, KBL MSME, and KBL Mahila Udyog targeted at MSMEs, exporters, and women entrepreneurs, with treasury operations focused on statutory reserve management, liquidity, investments in sovereign debt, fixed income securities, mutual funds, certificates of deposit, and foreign exchange trading. Founded in 1924 and headquartered in Mangaluru, Karnataka, the bank maintains a network of 957 branches, 1,188 ATMs and cash recyclers, and 588 e-lobbies across 22 states and 2 union territories, serving over 11 million customers primarily in retail, agriculture, MSME, corporate/wholesale, and NRI segments with a strong emphasis on digital channels like KBL Mobile Plus, mPassbook, BHIM KBL UPI, and MoneyClick internet banking. Recent developments include the 2024 centenary celebration marked by the inauguration of a Centenary Building and Museum at its Mangaluru headquarters; the operationalization of wholly owned non-financial subsidiary KBL Services Limited in Bangalore in 2021; a preferential issue fundraising of up to INR 800 crore from institutional investors including HDFC Life in recent years; significant stake acquisitions by investor Aditya Kumar Halwasiya totaling over 83 lakh shares worth approximately INR 161 crore in November 2025, signaling confidence in its turnaround strategy focused on balance sheet strengthening, technology upgrades, RAM (Retail, Agri, MSME) segment growth, and low-cost deposit mobilization; leadership transition with Raghavendra S. Bhat assuming the role of Managing Director and CEO in July 2025; and sustained improvements in asset quality, capital adequacy ratio at 20.84% as of recent quarters, and CD ratio at 71.63% amid strategic shifts toward profitability and governance enhancements.