Media Release

Mangaluru, Dec 9: Karnataka Bank has been conferred with two Digi Dhan awards instituted by Ministry of Electronics and Information Technology, Govt of India, for achieving the target with highest percentage in BHIM – UPI transactions under the Private Sector Bank Category consecutively for two years - Financial Years 2019-20 and 2020-21.

The awards were received by Raja B S, general manager and Jagadeesh K S, DGM, Delhi – region on behalf of the Bank from Ashwini Vaishnaw, honourable central Minister for Railway, Electronics and IT (GOI) and Rajiv Chandrashekhar, MOS for Electronics and IT on the occasion of 'Digital Payments Utsav' held on December 5, 2021 at New Delhi.

Commenting on the achievement, Mahabaleshwara M S, MD and CEO, said, “Karnataka Bank has always stood ahead of the time in adopting latest digital technology to its products in order to provide best in class service to our customers. I dedicate this award to the Bank’s esteemed customers who have accepted the Bank’s BHIM KBL UPI App and made it their preferred banking solution to transact which has enabled the Bank to secure this award. It is a proud moment for the Bank. Our unflinching commitment to promote digital payments in the country and a less cash economy has been rewarded through this award from none other than the Ministry of Electronics and Information Technology, Govt of India. I am grateful to Govt. of India for recognizing the Bank’s effort at national level”.