Karnataka Bank appoints Veteran Banker Mr Raghavendra S Bhat as its New Managing Director & CEO

Leading south Indian private bank - Karnataka Bank, is pleased to announce the appointment of Mr. Raghavendra S Bhat as the new Managing Director & CEO of the Bank. The appointment is effective from 16.11.2025 for a period of one year.

With extensive expertise across various domains, Mr. Raghavendra S Bhat's professional journey encompasses Banking, Finance and also agriculture as his roots are deeply tied to an agriculturist family background. During his tenure in the Bank his diverse experience spans and covers all key areas of Banking and Finance, including HR, IT and Digital Banking, Treasury and Forex Operations, Insurances (Third Party products) and Rural Economy. Having held top management positions for more than a decade, his leadership and vision have been pivotal in shaping strategic decisions at the highest levels. Karnataka Bank is confident that his leadership will drive the bank towards continued growth and success.

Mr. Raghavendra S Bhat while expressing happiness, assured to meet the expectations of all stake holders.

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 174.10 as compared to the previous close of Rs. 176.60. The total number of shares traded during the day was 98689 in over 4342 trades.

The stock hit an intraday high of Rs. 177.95 and intraday low of 173.85. The net turnover during the day was Rs. 17306566.00.

Source : Equity Bulls

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TheKarnatakaBank INE614B01018 Appointment MD CEO