The fraud was on account of ‘diversion of funds’, the lender said in a BSE filing.
23 Mar 2019 4:02 PM
RBI levied an aggregate penalty of Rs 40 million on the bank for delayed implementation of four of the Swift related operational controls.
05 Mar 2019 9:35 AM
Provisioning amount for the full year more than doubled at Rs 1,163.01 crore against Rs 527.85 crore in the preceding year.
15 May 2018 5:45 PM
The interest rate has been reduced by 1 per cent from 4 per cent, Karnataka Bank said in a statement.
03 Aug 2017 10:03 AM