Managing Director & CEO of Karnataka Bank, Shri Mahabaleshwara M.S. has been conferred with the "FE Pillar of the BFSI Industry" award in the Financial Express Modern BFSI Summit held at Mumbai on June 17, 2022 for his exemplary contribution to the Banking, Financial Services and Insurance (BFSI) sector. The award was handed over by Shri. Shyamal Majumdar, editor of Financial Express.
Expressing his happiness Shri Mahabaleshwara said," As a national level award recognizing leadership in BFSI sector, I am proud to receive this award on behalf of Karnataka Bank and consider it as an acknowledgment of the performance delivered by Karnataka Bank over the years especially after clocking its highest ever annual net profit of Rs 507.99 crores for the year ended 31.03.2022 in spite of COVID 19 affected economy. I dedicate this award to the Bank's Board of Directors for their valuable guidance and unstinted support and to 8,500 plus staff of the Bank, who have been steadfast and resilient in realizing the growth aspirations of the Bank".
Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 65.10 as compared to the previous close of Rs. 64.85. The total number of shares traded during the day was 108875 in over 1147 trades.
The stock hit an intraday high of Rs. 65.20 and intraday low of 64.20. The net turnover during the day was Rs. 7066226.00.