Karnataka Bank announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 5.5 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Karnataka Bank announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 5.5 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Karnataka Bank declined 22.37% to Rs 274.43 crore in the quarter ended March 2024 as against Rs 353.53 crore during the previous quarter ended March 2023. Total Operating Income rose 11.74% to Rs 2200.56 crore in the quarter ended March 2024 as against Rs 1969.31 crore during the previous quarter ended March 2023.For the full year,net profit rose 10.76% to Rs 1306.61 crore in the year ended March 2024 as against Rs 1179.68 crore during the previous year ended March 2023. Total Operating Income rose 14.93% to Rs 8298.50 crore in the year ended March 2024 as against Rs 7220.23 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income2200.561969.31 12 8298.507220.23 15 OPM %57.3658.21 -63.1962.09 - PBDT315.16432.28 -27 1562.971440.48 9 PBT315.16432.28 -27 1562.971440.48 9 NP274.43353.53 -22 1306.611179.68 11 Powered by Capital Market - Live News

Karnataka Bank will hold a meeting of the Board of Directors of the Company on 24 May 2024Powered by Capital Market - Live News

Karnataka Bank has appointed Vinaya Bhat P. J., as the Chief Compliance Officer of the Bank with effect from 25 April 2024.Powered by Capital Market - Live News