The Karnataka Bank Limited (KTKBANK.BO)

221.75 -1.90 (-0.85%) At close: 03:29PM IST

The Karnataka Bank Limited

PB No. 599
Mahaveera Circle Kankanady
Mangalore 575002
India
91 82 4222 8182
https://www.karnatakabank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Y. V. Balachandra	Chief Operating Officer	4.4M	N/A	N/A
Mr. Gokuldas Pai	Chief Business Officer	4.2M	N/A	N/A
Mr. Sekhar Sridhar Rao	Executive Director	6.15M	N/A	1969
Mr. Srikrishnan Harihara Sarma	MD, CEO & Director	N/A	N/A	1963
Mr. Abhishek Sankar Bagchi	Chief Financial Officer	N/A	N/A	N/A
Mr. B. Anantha Padmanabha	Deputy GM & CTO	N/A	N/A	N/A
Mr. P. J. Vinaya Bhat	Chief Compliance Officer	N/A	N/A	N/A
Mr. Srinivas Deshpande	Assistant GM of Public Relations	N/A	N/A	N/A
Mr. Niranjan Kumar	Chief Human Resources Officer	N/A	N/A	N/A
Mr. Raghurama H. S. Rao	Deputy GM & Chief Risk Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

The Karnataka Bank Limited provides various banking and financial services in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The Corporate/Wholesale Banking segment provides various fund and non-fund-based products, including term loans, working capital facilities, foreign exchange services, structured finance, and trade financing products. The Retail Banking segment offers home, automobile, personal, and education loans; loans against term deposits; loans against securities; and gold, small business, and agriculture loans to agriculture, MSME, housing, and education sectors. Its products include KBL Contractor Mitra, KBL Micro Mitra, KBL Export Mitra, KBL MSME, as well as KBL Mahila Udyog for financial support of women entrepreneurs. The Treasury segment engages in statutory reserves management, such as SLR and CRR; liquidity management; investment and trading activities; and foreign exchange activities. It also invests in sovereign debt instruments and other fixed income securities; mutual funds; certificates of deposits; floating rate instrument; forward contracts; and trades debt and equity securities, and foreign exchange. The Other Banking Operations segment offers a range of ancillary products and services, including depository; online trading; ASBA, locker, and safe custody facilities; bill payment; online and off-line fee collection; mobile and internet banking; and payment and remittance services, as well as FASTag services. It provides its services through physical banking channels, digital channels, including inter alia, internet and mobile banking, and e-lobbies. In addition, the company distributes insurance products. The Karnataka Bank Limited was incorporated in 1924 and is based in Mangalore, India.

Corporate governance

The Karnataka Bank Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.