In 2013-14, Karnataka Bank expects to clock a total business turnover of Rs 78,000 crore, which includes Rs 45,500 crore of deposit and Rs 32,500 crore of advances, the bank said in an official statement. The private sector lender, which completed 90 years of operation, also informed that it would widen its branch netw
Tag: Karnataka Bank
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Net profit of Karnataka Bank rises 12.9%
Net profit of Karnataka Bank rose 12.87 per cent to Rs 94.17 crore during Apr-Jun 2013 compared to Rs 83.43 crore in the year-ago period. Growth in operating profits to Rs 257.51 crore during the quarter from Rs 168.94 crore in the year-ago period enabled the firm post strong net profit. Other income of the bank rose 116 per cent to Rs 205.95 crore from Rs 95.33 crore in the corresponding prev