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Karnataka Bank Limited is an Indian private sector bank based in Mangalore. It is an 'A' Class Scheduled Commercial Bank with a network of 915 [2] branches, 1188 ATMs & Cash recyclers and 588 e-lobbies/mini e-lobbies across 22 states and 2 union territories.
CRED Company type Private Industry Financial technology Payments Founded 2018 Founder Kunal Shah (Co-founder & CEO) Headquarters Bangalore, Karnataka, India Revenue ₹ 1,400 crore (US$180 million) (FY23) Net income ₹ −1,347 crore (US$−170 million) (FY23) Number of employees 800 Website cred.club CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is ...
Basavaraj Somappa Bommai // ⓘ (born 28 January 1960) is an Indian politician and engineer who served as the 23rd Chief Minister of Karnataka from 18 July 2021 to 19 May 2023. He is formerly serving Interim Leader of the Opposition in Karnataka Legislative Assembly as a member of the Bharatiya Janata Party and He was former member of the ...
The bank achieved a profit after tax (PAT) of ₹2,437 crore in the financial year 2023, maintaining a capital adequacy ratio of 16.82%. The bank's retail loans showing a gross non-performing asset (NPA) ratio of 1.65% and a net NPA ratio of 0.55% as of March 31, 2023. The overall gross NPA ratio is 2.51%, while the net NPA ratio is 0.86%.
Prior to becoming a bank, the company was India's largest microfinance institution, Janalakshmi Financial Services, founded July 24, 2006. [5] [6] As a microfinance lender, the company survived large losses following the 2016 Indian banknote demonetisation , reporting total losses of ₹2,504 crore (US$338 million) at the time of its conversion ...
The scheduled banks in Karnataka had total deposit of Rs. 1346.99 billion constituting 6.4% of the total deposits in scheduled banks in India as of March 2006. The credit given by these banks stood at Rs. 1034.55 billion, 6.8% of total credit given by scheduled banks. The per capita deposit stood at Rs. 23,976 and per capita credit at Rs. 18,415.
Website. www .kvgbank .com. The Karnataka Vikas Grameena Bank (KVGB), an Indian Regional Rural Bank sponsored by Canara Bank . It is under the ownership of Ministry of Finance , Government of India. The bank provides retail banking services to rural users and has 629 branches in areas of Karnataka, around North and Western Karnataka .
Website. www .iiitb .ac .in. The International Institute of Information Technology Bangalore (abbreviated IIIT Bangalore or IIITB) is a premier research Deemed university in Bangalore, India. The institute is a registered not-for-profit society funded jointly by the Government of Karnataka and the IT industry under a public-private partnership ...