KARNATAKA BANK LTD. - 532652 - Intimation Received On Loss Of Share Certificates.
Intimation received on loss of Share Certificates.29-07-2022
29-07-2022
KARNATAKA BANK LTD. - 532652 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Update on Conference Call.28-07-2022
KARNATAKA BANK LTD. - 532652 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation received on loss of Share Certificates.28-07-2022
KARNATAKA BANK LTD. - 532652 - Q1 FY23 Earnings'' Conference Call - Outcome - Audio Recording.
Q1 FY23 Earnings'' Conference Call - Outcome - Audio recording.25-07-2022
Q1FY23 Quarterly Result Announced for Karnataka Bank Ltd.
Karnataka Bank Announced Q1FY23 Result : In the Meeting of the Board of Directors held today at Bank's Head Quarters Mangaluru, the Board has approved the financial results for the quarter ended June 30, 2022. Karnataka Bank has posted a Net Profit of Rs.114.05 crores, during Q1 of FY23 as against Rs.105.91 crores recorded during the corresponding quarter of the previous financial year, i.e. Q1 of FY 22, with an Year on Year growth rate of 7.69%. The operating profit of the Bank stood at Rs.412.65 crore as on 30-06-2022. The Net Interest Income increased to Rs.687.56 crore for the quarter ended 30-06-2022 as against Rs. 574.79 crore for Q1 FY 22 with an Year on Year growth rate of 19.62%. The business turnover of the Bank was at Rs.1,38,935.71 crore as on 30-06-2022 compared to Rs.1,27,846.08 crore as on 30.06.2021 registering a YoY growth of 8.67%. The deposits of the Bank stood at Rs.80,576.38 crore with a YoY growth of 5.72% and the advances at Rs. 58,359.33 crore with a YoY growth of 13.03%. The loan book quality is steadily improving. Gross NPAs declined to 4.03 % as at 30- 06-2022, compared to 4.84 % in the corresponding Q1 quarter of the previous FY 22, GNP As in absolute terms declined to Rs.2,401.39 crore during Q1 of FY 23 from Rs.2,549.06 crore (Q1 of FY 22). Similarly Net NPAs [NNPAs] also declined to 2.16% from 3.02 % in the corresponding Q1 of the previous FY-2021-22. In absolute terms NNPAs declined to Rs.1,262.88 crore during Q1 of FY 23, from Rs.1,557.38 crore (Q1 of FY 22). The Bank is making steady progress in its customer franchise building. The Bank has also acquired 1572 MSME accounts in the quarter. The Bank also did well in the sale of Mutual Funds and Co-branded Credit Card. The Bank's retail advances growth continued during the quarter as well. The Capital Adequacy Ratio of the Bank has further improved to 15.41 % as compared to 14.58 % as on 30-06-2021. The Bank further strengthened its Balance Sheet by increasing Provision Coverage Ratio to 76.77 % as on 30th June 2022 from 72.16 % as on 30th June 2021. Commenting on the Q1 results of the Bank, Shri Mahabaleshwara M. S., Managing Director & CEO of the Bank, said "Despite multiple headwinds, the Indian economy has grown in line with RBI's range predictions for GDP in the first quarter of the current fiscal year. We saw tangible recovery in contact-intensive sectors even as the rest of the economy held firm. At Karnataka Bank, we too started the New Financial Year with a comfortable first quarter, wherein the growth has been consistent and broad based as our credit grew by 13.03% YoY and CASA by 12.51 % YoY. Moreover, in spite of a temporary aberration of a corporate advance, which required 100% provisioning, the slippage ratio is at 1.03% and the net profit also grew by 7.69 % YoY. NIM has further improved to 3.33% and the increasing trend in NIM indicates the consistent impmvement in all the contributing factors and is on the expected lines. Going forward, I am confident that with robust opportunities in the economy, we will continue to build up sequential momentum and hope to be consistent in our performance by working as per plan to ensure a sustainable growth." Result PDF25-07-2022
Karnataka Bank Q1 profit up 8% to Rs 114 crore
Total income during April-June 2022-23 only rose by 0.73 per cent to Rs 1,762 crore, Karnataka Bank said in a regulatory filing.24-07-2022
KARNATAKA BANK LTD. - 532652 - Fixation Of Record Date For Determining Eligibility Of Shareholders To Receive Dividend Upon Declaration At The 98Th AGM Scheduled On Aug 26 2022.
Fixation of Record Date for determining eligibility of shareholders to receive dividend upon declaration at the 98th AGM scheduled on Aug 26 2022.23-07-2022
KARNATAKA BANK LTD. - 532652 - Revised Outcome Of The Board Meeting-Change In E-Voting Commencement Date
Revised outcome of the Board Meeting-change in e-voting commencement date23-07-2022
KARNATAKA BANK LTD. - 532652 - 98Th Annual General Meeting Of The Members Of The Bank To Be Held On August 26, 2022 At 11.30 A.M
98th Annual General Meeting of the members of the Bank to be held on August 26, 2022 at 11.30 A.M23-07-2022
KARNATAKA BANK LTD. - 532652 - Exercise Of Esops By Mr. Mahabaleshwara M S, Managing Director & CEO.
Exercise of ESOPs by Mr. Mahabaleshwara M S, Managing Director & CEO.23-07-2022