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Website. karnatakabank.com. 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. It has 8,652 employees and over 11 million customers ...
There are 49 scheduled urban co-operative banks in India. Abhyudaya Co-operative Bank Ltd. Apna Sahakari Bank Ltd. [69] Ahmedabad Mercantile Co-Op Bank Ltd. [70] Amanath Co-operative Bank Ltd. [71] Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. [72] Bharat Co-operative Bank (Mumbai) Ltd.
Canara Bank. Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.
Kaveri Grameena Bank was a Regional Rural Bank established under Regional Rural Banks' Act 1976, was a Scheduled Bank jointly owned by Government of India, State Bank of India (formerly by State Bank of Mysore) and Government of Karnataka (share capital contributed in the ratio of 50 :35:15 respectively), permitted to carry all kinds of banking business.
Now the bank is an Associate Bank under State Bank Group and the State Bank of India holds 92.33% of shares. The Bank's shares were listed in Bangalore, Chennai, and Mumbai stock exchanges. This bank had 976 branches and 10627 employees (June 2014) and the Bank has 772 branches (79%) in Karnataka State.
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.
Karnataka is one of the highest economic growth states in India with an expected GSDP (Gross State Domestic Product) growth of 9.5% in the 2021–22 fiscal year. [4] [5] The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. [5] Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the last decade ...
Polali Vasudeva Bhat. Polali Jayarama Bhat (14 November 1951 – 9 August 2023) was an Indian banker who was the managing director (MD) and chief executive officer (CEO) of Karnataka Bank, a major Indian commercial bank in the private sector.