In the wake of corona virus spreading fast to different parts of our country, government and policy makers are getting their act together on a war footing, directing all the stakeholders to discharge their functions in the most responsible manner in line with the globally accepted best practices. Medical precautions aside, public at large have to voluntarily adhere to social distancing guidelines issued by the Government of India.
Karnataka Bank has always stepped in times of social crises in the 96 years of its purposeful existence. Be it natural calamity or man-made disaster, Bank has generously contributed in preventing the damage to the minimum and towards rebuilding and facilitating the recovery of the society in such difficult situations. In line with its tradition of being a socially committed institution, Karnataka Bank has announced to waive charges for NEFT, RTGS, IMPS and UPI transactions done through its digital channels and ATM transactions from Bank's own ATMs free of cost to its customers until further notifications in this regard. "Customers are hereby requested to make best use of the digital channels to help fight the menace as responsible citizens. I am sure this pro-active step by the Bank will greatly help general public and business community to transact seamlessly in times of social distancing. Our digital banking infrastructure is secure and robust enough not to let you down in this time of distress and now we have made them available to you free of cost. Please make the best use of them in your interest and in the interest of Nation at large. With a collective resolve, I am sure, we will soon turn things around for the good." said Mahabaleshwara, MS, MD & CEO.
Shares of KARNATAKA BANK LTD. was last trading in BSE at Rs.42.15 as compared to the previous close of Rs. 43.05. The total number of shares traded during the day was 152783 in over 1333 trades.
The stock hit an intraday high of Rs. 44.55 and intraday low of 38.25. The net turnover during the day was Rs. 6364708.