Media Release
Mangaluru, Jan 9: “We should continue our good performance and reach a new high by creating new benchmarks of performances, while stepping into Bank’s Centenary Year. This will be a tribute to the founding fathers of this great institution, who had a vision of bringing up the Bank to the present position of being a socially committed thriving business entity,” remarked Mahabaleshwara M S, managing director and CEO of Karnataka Bank while speaking at the Regional Heads’ Review Conference held on Jauary 9 in Mangaluru.
He shared the provisional business numbers for Q3 of FY23, where Gross Advances have grown at a satisfactory rate of 12.37 percent. The share of CASA stood at 31.91 percent and the Core Deposits of the Bank stood at Rs.84,592.60 Crore. Further he said, “While focusing on Quality Credit Augmentation, Resource Mobilization under CASA and Retail Term Deposits, NPA and Stress Management, Consolidating Other Income streams etc, let us further strive to improve the overall digital adoption to emerge as the ‘Digital Bank’, with our continued customer centric approach”.
Gokuldas Pai, chief business officer delivered the welcome and introductory address, while chief operating officer, Balachandra Y V moderated the discussions and all top executives participated in the deliberations.
Vinaya Bhat P J, general manager, Branch Banking and Digital Channels Department, gave a presentation on the region wise performance of the Bank. All the Regional Heads across the country, departments’ heads and other executives of the Bank participated in the conference.
Vinay Kulkarni, deputy general manager, proposed vote of thanks.