Media Release

Mangaluru, Feb 15: Karnataka Bank was awarded with ‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’ by Ministry of Electronics and Information Technology (MeitY), government of India for achieving target with highest percentage in BHIM-UPI transactions in private sector bank category.

Speaking on the achievement Mahabaleshwara M S, managing director & CEO of Karnataka Bank said, “We are happy to receive this award from the government of India and consider it as a recognition for our efforts to carry out our nation’s vision to strengthen the digital payment ecosystem in the Indian economy. Labelled as ‘KBL-NxT’, the bank is currently undertaking an accelerated digital drive under its Transformation Journey ‘KBL VIKAAS 2.0’. This award is an ideal tribute to the founding fathers of this great institution as Karnataka Bank is stepping into its 100th year of its fruitful existence.”

Representing the bank, Gokuldas Pai, chief business officer and Jagadeesh K S, deputy general manager, Delhi-Region received the award from Ashwini Vaishnaw, Minister for Electronics & Information Technology, Communications and Railways, government of India in a function held at New Delhi.