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Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
Karnataka Bank announced its 102nd AGM. A dividend of ₹5.00 per equity share (50% of face value) for FY 2025-26 has been declared. Shareholders can access the Annual Report online.
Karnataka Bank boosted its sustainable portfolio with H515.60 Cr in green loans. Digital transformation led to over 90% digital account openings and 2,141.4 metric tons CO2e emissions avoidance. Robust ESG integration, zero regulatory fines, and multiple industry awards underscore strong operational performance and a commitment to inclusive growth.
The company has set the dividend record date. Shareholders recorded by this date will be eligible for the dividend, pending approval at the upcoming Annual General Meeting.
Karnataka Bank announced its 102nd Annual General Meeting (AGM) will be held via Video Conferencing/OAVM. This is a key corporate governance event for investors.
Karnataka Bank allotted 40,389 new shares (Rs 10 FV) via its ESOP scheme. This means a slight increase in outstanding shares, resulting in minor dilution for existing investors.