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Q2FY18 Results: Private Banks Show Resilience Towards NPA, Show Credit Growth; LVB Goes For a Toss

Its October and the Q2 results have started coming in. A few private banks have come out with results till now. Though it has been a mixed bag, each one has to ...

Karnataka Bank Goes for a Rights Issue with 1:2 ratio at a Discounted Price of Rs 70

Here is the update to our old post published on 5th August 2016 UPDATE: The bank has declared the record date for rights issue as 25th October 2016. The bank ...

Nomura Singapore Buys 13.7 Lakh Shares of Karnataka Bank

We bring you the “Big Deals” for today. A summary of the most important Bulk and Block Deals. Today’s Big Deal: Karnataka Bank, a leading ‘A’ ...

Why There Is No 66% Arbitrage With Karnataka Bank's Rights Issue

There’s a little bit of confusion going around because Economic Times had published this article: (You can make upto 66% by participating in Karnataka ...

Karnataka Bank Net Profit Up By 11%, Net NPAs Rise to 2.6%: Result Analysis

When the banking sector is going through turbulent times due to NPA, Karnataka Bank has somehow managed to stay profitable and have posted net profits of ...

Big Whale Vijay Kishanlal Kedia re-enters Karnataka Bank

Karnataka Bank, a leading ‘A’ Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of ...

Karnataka Bank Offers NRE Deposits at 9.75%

After the recent deregulation of NRE rates – deposit rates for Non Resident Accounts – Karnataka Bank offers 9.75% for the “repatriable” (can take it ...