Edition:
India

Karnataka Bank Ltd (KBNK.NS)

KBNK.NS on National Stock Exchange of India

79.15INR
20 Sep 2019
Change (% chg)

Rs3.60 (+4.77%)
Prev Close
Rs75.55
Open
Rs75.60
Day's High
Rs80.90
Day's Low
Rs75.20
Volume
1,674,269
Avg. Vol
1,637,194
52-wk High
Rs141.25
52-wk Low
Rs71.65

Latest Key Developments (Source: Significant Developments)

India's Karnataka Bank Says Has No Exposure To Coffee Day Enterprises
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Karnataka Bank Ltd ::SAYS BANK DOES NOT HAVE ANY EXPOSURE TO COFFEE DAY ENTERPRISES LTD.SAYS COFFEE DAY GLOBAL LTD HAS CREDIT FACILITIES WITH OUTSTANDING OF 1.52 BILLION RUPEES CONSTITUTING 0.29% OF ADVANCES OF BANK.KARNATAKA BANK SAYS FACILITIES ARE FULLY SECURED BY COLLATERALS OF PROPERTIES BESIDES PRIMARY SECURITIES; ALL LOAN ACCOUNTS ARE REGULAR AS ON DATE.  Full Article

Karnataka Bank Designates Muralidhar Krishna Rao As CFO
Monday, 13 May 2019 

May 13 (Reuters) - Karnataka Bank Ltd ::DESIGNATED MURALIDHAR KRISHNA RAO AS CFO.  Full Article

India's Karnataka Bank March-Qtr Net Profit Rises
Monday, 13 May 2019 

May 13 (Reuters) - Karnataka Bank Ltd ::MARCH QUARTER NET PROFIT 617.3 MILLION RUPEES VERSUS PROFIT OF 110 MILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 15.31 BILLION RUPEES VERSUS 14.43 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS AND CONTINGENCIES 2.18 BILLION RUPEES VERSUS 5.42 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 4.41 PERCENT VERSUS 4.45 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 2.95 PERCENT VERSUS 3 PERCENT PREVIOUS QUARTER.  Full Article

Karnataka Bank Ties Up With Bharti AXA Life Insurance For Life Insurance Business
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Karnataka Bank Ltd ::SAYS CO TIES UP WITH BHARTI AXA LIFE INSURANCE COMPANY LIMITED FOR LIFE INSURANCE BUSINESS..  Full Article

Karnataka Bank Targets 1.44 Trln Rupees Business Turnover For FY 2019-20
Monday, 1 Apr 2019 

April 1 (Reuters) - Karnataka Bank Ltd ::SAYS TARGETS 1.44 TRLN RUPEES BUSINESS TURNOVER FOR FY 2019-20.  Full Article

India's Karnataka Bank Dec-Qtr Net Profit Rises 60.7 Pct
Friday, 11 Jan 2019 

Jan 11 (Reuters) - Karnataka Bank Ltd ::DEC QUARTER NET PROFIT 1.40 BILLION RUPEES VERSUS PROFIT OF 873.8 MILLION RUPEES YEAR AGO.DEC QUARTER INTEREST EARNED 15.14 BILLION RUPEES VERSUS 13.32 BILLION RUPEES YEAR AGO.DEC QUARTER GROSS NPA 4.45 PERCENT VERSUS 4.66 PERCENT PREVIOUS QUARTER.DEC QUARTER PROVISIONS AND CONTINGENCIES 2.09 BILLION RUPEES VERSUS 1.96 BILLION RUPEES YEAR AGO.DEC QUARTER NET NPA 3 PERCENT VERSUS 3 PERCENT PREVIOUS QUARTER.  Full Article

Karnataka Bank Ties Up With Paisabazaar.Com For Home Loans
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Karnataka Bank Ltd ::SAYS KARNATAKA BANK TIES UP WITH PAISABAZAAR.COM FOR HOME LOANS.  Full Article

India's Karnataka Bank Qtrly NIM At 3 Pct
Thursday, 12 Jul 2018 

July 12 (Reuters) - Karnataka Bank Ltd ::QTRLY NIM AT 3 PERCENT.  Full Article

India's Karnataka Bank June Qtr Profit Rises
Thursday, 12 Jul 2018 

July 12 (Reuters) - Karnataka Bank Ltd ::JUNE QUARTER NET PROFIT 1.63 BILLION RUPEES VERSUS PROFIT OF 1.34 BILLION RUPEES YEAR AGO.JUNE QUARTER INTEREST EARNED 14.08 BILLION RUPEES VERSUS 13.31 BILLION RUPEES YEAR AGO.JUNE QUARTER PROVISIONS AND CONTINGENCIES 2.22 BILLION RUPEES VERSUS 1.99 BILLION RUPEES YEAR AGO.JUNE QUARTER GROSS NPA 4.72 PERCENT VERSUS 4.92 PERCENT PREVIOUS QUARTER.JUNE QUARTER NET NPA 2.92 PERCENT VERSUS 2.96 PERCENT PREVIOUS QUARTER.  Full Article

India's Karnataka Bank March-Qtr Profit Drops 92 Pct
Tuesday, 15 May 2018 

May 15 (Reuters) - Karnataka Bank Ltd ::MARCH QUARTER NET PROFIT 110 MILLION RUPEES VERSUS PROFIT OF 1.38 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 14.43 BILLION RUPEES VERSUS 12.95 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS 5.42 BILLION RUPEES VERSUS 1.60 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 4.92 PERCENT VERSUS 3.97 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 2.96 PERCENT VERSUS 2.85 PERCENT PREVIOUS QUARTER.RECOMMENDED DIVIDEND OF 3 RUPEES PER SHARE.SAYS DIVERGENCE IN PROVISIONING AS ON MARCH 31, 2017 AT 4.73 BILLION RUPEES.KARNATAKA BANK LTD - ADJUSTED NET LOSS AFTER TAX FOR YEAR ENDED MARCH 2017 AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING AT 950 MILLION RUPEES.  Full Article

RPT-ICRA ratings for Indian debt instruments-Sep 17

(Repeating to add more ratings.) Sep 17 Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of September 16, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: -----------