Karnataka Bank to emerge as digital bank of future: CEO
Team Udayavani, Sep 3, 2021, 1:24 PM IST
The city-based leading private sector lender Karnataka Bank is poised to emerge as the ‘digital bank of future’ with end-to-end digital solutions for all its banking activities, bank CEO and managing director M S Mahabaleshwara said on Thursday.
Addressing the 97th annual general meeting at its head office here through video conferencing, he said powered by its IT-driven wholistic transformation ‘KBL Vikaas,’ the bank is now preparing for the second phase under ‘KBL NxT’ concept to have end-to-end digital solutions for all banking activities, according to a bank press release here.
The bank is celebrating its centenary year during 2023-24 and a lot of IT-driven innovative and far-reaching initiatives to mark the celebration are already lined up to lay a strong foundation for the second century of the bank, he said. The bank has declared a dividend of 18 per cent at the meeting. The 97th AGM was presided over by bank chairman P Jayarama Bhat. All the directors of the bank, executives and shareholders participated through the virtual forum, the release said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex reclaims 80k mark; Nifty surges over 1% after BJP-led Mahayuti’s win in Maharashtra
Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years
Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official
Air India Express increases flight operations from northeast destinations
Mcap of 8 of top-10 most-valued domestic firms jumps Rs 1.55 lakh cr; HDFC Bank, TCS sparkle
MUST WATCH
Latest Additions
Wanted to kill Ajmal Kasab who caused so much of pain, recalls 26/11 terror attack victim
Two retired revenue officials among four arrested in land grabbing case in Jammu
Kerala govt to revise manual for junior doctors, house surgeons
State can interfere with religious practices if they impede development, equality rights: SC
Four cheers at MP’s Kuno park; cheetah Neerva gives birth to cub quartet
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.