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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. It has 8,652 employees and over 11 million customers throughout the country.
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.
PhonePe is an Indian digital payments and financial services company [ 5 ] headquartered in Bengaluru, Karnataka, India. [ 6 ][ 7 ] PhonePe was founded in December 2015, [ 2 ] by Sameer Nigam, Rahul Chari and Burzin Engineer. [ 8 ] The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24/7 throughout the year including bank holidays. National Electronic Funds Transfer (NEFT) was also made available 24/7 from ...
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.
Former CEO and MD, later Part-time Non-Executive Chairman at Karnataka Bank Limited. Spouse. Shubha Bhat. Children. 2. Parent. 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 ...
Prior to becoming a bank, the company was India's largest microfinance institution, Janalakshmi Financial Services, [4] 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 ...