Media Release
Mangalore, Feb 16: Karnataka Bank, which has been steadily recording significant progress has achieved another milestone. The bank is proud to announce that it has surpassed a business turnover of Rs 50,000 crore.
On this momentuous occasion, managing director P Jayaram Bhat expressed gratitude to the bank's valued customers, shareholders and well-wishers who had contributed to this achievement. He also complimented and expressed heartfelt thanks to the board of directors of the bank who provided appropriate guidance and support for surpassing the turnover.
He added that the business turnover target for the financial year end is to cross Rs 54,000 crore and expressed confidence that the bank will achieve this target with the concerted efforts of the committed staff members of the bank.