News Karnataka
Thursday, February 09 2023

Karnataka Bank holds Regional Heads Review Conference

Karnataka Bank holds Regional Heads Review Conference
Photo Credit : By Author

“Karnataka Bank – poised for a new high at the Centenary”, Mahabaleshwara M.S, MD & CEO

Mangaluru: “We should continue our good performance and reach a new high by creating new benchmarks of performances while stepping into Bank’s Centenary Year. This will be a tribute to the Founding Fathers of this great institution, who had a vision of bringing up the Bank to the present position of being a socially committed thriving business entity.”

Mahabaleshwara M S, Managing Director & CEO of Karnataka Bank remarked while speaking at the Regional Heads’ Review Conference held today in Mangaluru. He shared the provisional business numbers for Q3 of FY23, where Gross Advances have grown at a satisfactory rate of 12.37 per cent. The share of CASA stood at 31.91 per cent and the Core Deposits of the Bank stood at Rs.84,592.60 Crore. Further, he said, “While focusing on Quality Credit Augmentation, Resource Mobilization under CASA & Retail Term Deposits, NPA and Stress Management, Consolidating Other Income streams etc., let us further strive to improve the overall digital adoption to emerge as the ‘Digital Bank’, with our continued customer-centric approach”.

Gokuldas Pai, Chief Business Officer delivered the welcome and introductory address, while Chief Operating Officer, Balachandra Y V moderated the discussions and all top executives participated in the deliberations. Vinaya Bhat P J, General Manager, Branch Banking & Digital Channels Department, gave a presentation on the Region wise performance of the Bank.

All the Regional Heads across the country, Department Heads and other executives of the Bank participated in the conference. Vinay Kulkarni, Deputy General Manager, proposed a vote of thanks.

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