Karnataka Bank

CCD founder VG Siddhartha missing: No exposure to Coffee Day Enterprises; Rs 152 cr loan to global unit, says Karnataka Bank

Karnataka Bank on Tuesday said it has no exposure to Coffee Day Enterprises, though the company's global unit has an outstanding loan of Rs 152 crore

RBI slaps Rs 1 crore fine on Yes Bank for non-compliance of directions on SWIFT messaging software

Swift is the global messaging software used for transactions by the financial entities.

RBI imposes Rs 11 crore fine on 4 banks for non-compliance in Swift operations

Post the PNB fraud, which came to light in February 2018, the RBI has been tough on banks to tighten all kind of their transactions.

RBI imposes Rs 8 crore fine on three banks for non-compliance of directions on Swift messaging software

The Reserve Bank of India has imposed a total monetary fine of Rs 8 crore on three banks - Karnataka Bank, United Bank of India and Karur Vysya Bank - for non-compliance of directions on Swift messaging software

RBI slaps Rs 4 cr fine on Karnataka Bank for violating regulatory norms

Private sector Karnataka Bank on Monday said the RBI has slapped a fine of Rs 4 crore on the bank for violating regulatory norms

Karnataka Bank posts 60.7% jump in Q3 net profit on account of higher interest income

Karnataka Bank had reported a net profit of Rs 87.38 crore in the year-ago period, the bank said in stock exchange filing

Karnataka Bank's Q1 net profit surges 22% to Rs 163 crore; net NPAs stand at 2.92%, down from 3.20%

The total income of Karnataka Bank increased to Rs 1,616.44 crore as against Rs 1,547.93 crore a year ago, it said in a regulatory filing

Karnataka Bank reports Rs 86 crore loan scam involving Mehul Choksi's Gitanjali Gems

Privately-run Karnataka Bank Ltd has informed the RBI that Gitanjali Gems of Mehul Choksi had committed a Rs 86.5 crore fraud in fund-based working capital

Dena Bank cuts savings account interest rate by 0.5% on deposits up to Rs 25 lakh

With this, Dena Bank has joined a host of peer banks after the industry leader SBI started paying less on certain savings deposits

Axis Bank cuts interest rate on savings bank accounts by 50 basis points to 3.5%

Axis Bank is the fourth lender to reduce the interest rate after market leader State Bank of India (SBI) begun the process of reducing interest rate on savings bank account.