Stock Report

Karnataka Bank opens two Digi-Centres at Bengaluru

Posted On : 2022-08-19 23:04:30( TIMEZONE : IST )

Karnataka Bank opens two Digi-Centres at Bengaluru

Karnataka Bank has today inaugurated two Digi-Centres at Yelahanka New Town & Hulimavu in Bengaluru. The Digi Centres were inaugurated by Shri P. Pradeep Kumar, Chairman & Sri Mahabaleshwara M S, Managing Director & CEO of the Bank.

Digi-Centre is a Digital infrastructure for delivering digital banking products and services as well as servicing existing financial products and services digitally, in both self-service and assisted mode. The Digi centre offers various services like opening of Savings Bank accounts, issuance of debit cards, Bill Payment facility, Cash withdrawal, Cash deposit and in-principle sanction of retail loans through digital mode/channels in a paperless, efficient, safe and secured environment.

Speaking on the occasion, Shri Mahabaleshwara M S, Managing Director & CEO said "Digi Centres make the customer on-boarding seamless, more user and environment friendly with effective application of digital solutions. With simple and efficient processes at the core, the turnaround time of SB account opening, debit card issuance and retail loan sanction is significantly optimized. It provides an easy and delightful banking experience for customers of all generations and I consider it as a natural evolution for Karnataka Bank to realize its dream of emerging as the Digital Bank of Future."

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 76.60 as compared to the previous close of Rs. 80.40. The total number of shares traded during the day was 172000 in over 1315 trades.

The stock hit an intraday high of Rs. 78.35 and intraday low of 76.00. The net turnover during the day was Rs. 13247203.00.

Source : Equity Bulls


TheKarnatakaBank INE614B01018 DigiCentres YelahankaNewTown Hulimavu Bengaluru