Latest Updates Around The World
Contraceptive maker Cupid, whose shares fell 20% on Friday, said the third quarter of FY26 is likely to be its best-performing quarter yet, helped by continued demand momentum and smooth operational execution. The small cap company added that its order book is at a record high, providing strong revenue visibility for the coming quarters, according […]
BNP Paribas on Monday bought a stake worth Rs 392 crore in rail major Container Corporation of India (CONCOR) in a bulk deal. The French multinational bank acquired 72.18 lakh shares in Navratna company through its subsidiary BNP Paribas Financial Markets for Rs 515.3 each.The purchase price was 0.8% higher than Friday’s closing price of […]
Aditya Kumar Halwasia on Friday bought 38 lakh shares in The Karnataka Bank in a bulk deal. The shares bought at a premium of Rs 5.6%, taking the deal size to Rs 71 crore.Halwasia is an Indian investor with a stake in Tourism Finance Corporation of India Ltd (TFCIL) and is the Chairman and Managing […]
Raghavendra Srinivas Bhat, MD and CEO of Karnataka Bank. Karnataka Bank Ltd has announced the appointment of Raghavendra Srinivas Bhat as Managing Director (MD) and Chief Executive Officer (CEO) of the bank for a period of one year with effect from November 16. The appointment follows the approval of the Reserve Bank of India (RBI) […]
Karnataka Bank Ltd posted a net profit of ₹319.12 crore during the second quarter of 2025-26, against a net profit of ₹336.07 crore in the corresponding period of 2024-25, registering a decline of 5.04 per cent. However, net profit improved by 9.1 percent compared to the first quarter of 2025-2026. The bank had posted a […]
Raghavenendra S Bhat | Photocredit: HS Manjunath The Reserve Bank of India (RBI) has granted the renewal of the term of office of Raghavenendra Srinivas Bhat as director (MD) and CEO of Karnataka Bank. The bank announced the stock markets on Saturday that the RBI has granted an extension for a period of one month, […]
Karnataka Bank CEO and MD Raghavenendra Bhat Karnataka Bank will focus on the increasing credit deposit (CD) ratio up to 80 percent in March 2027, according to Raghavenendra Bhat, director and chief executive director of the bank. In response to questions from shareholders in the 101st annual General Meeting (AGM) on Tuesday, he said that […]
