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Karnataka Bank opens 15 new branches and revamps its corporate website as part of its Centenary Year Celebrations

Posted On : 2024-02-29 22:01:28( TIMEZONE : IST )

Karnataka Bank opens 15 new branches and revamps its corporate website as part of its Centenary Year Celebrations

Private sector lender Karnataka Bank had recently celebrated its 100th Founders' Day on 18th February 2024. As part of the commemorative celebrations of this milestone achievement, the Bank has opened 15 new branches across the country. The bank has also launched its revamped corporate website on this occasion as part of centenary celebrations.

The 15 new branches opened are spread across different parts of the country at the following locations namely Kalyan East, Talegaon-Dabhade (branches in Maharashtra State), Faridabad-NIT (Haryana State), Visakhapatnam-PM Palem (Andhra Pradesh State), Hanamkonda (Telangana State), Thathaguni, Kalaburagi-Airport Road, Vemagal, Pandavapura, Akkialur, Ramanakoppa, Konandur, Gondichatanahalli, Muchur and Sarve (branches in Karnataka State).

Shri Srikrishnan H, Managing Director & CEO, Karnataka Bank, said that, "During the momentous occasion of our centenary celebrations, we are pleased to announce launch of a digital platform that is performance-driven, simple and engaging. This is the beginning of our "Open Banking" initiatives inviting collaborations and enhancing coverage through cutting-edge technology driven products. Our opening of 15 new branches balances out digital and physical expansion strategy and will facilitate organic growth."

Shri Sekhar Rao, Executive Director of Karnataka Bank, expressed, "The introduction of our new website marks a significant stride in elevating our customer experience. This platform is crafted to be dynamic and forward-looking, aligned to today's customer needs. The opening of the new 15 branches and launch of revamped corporate website is in line with this new vision and resolve of Karnataka Bank."

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 227.65 as compared to the previous close of Rs. 230.20. The total number of shares traded during the day was 192787 in over 6802 trades.

The stock hit an intraday high of Rs. 232.10 and intraday low of 222.75. The net turnover during the day was Rs. 43757980.00.

Source : Equity Bulls


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