Karnataka Bank Ltd

Key development

• Karnataka Bank empanelled as Arranger & Collector for HUDCO Capital Gain Bonds.
• Empanelment enables investments in HUDCO, REC, PFC, IRFC Capital Gain Bonds.
• Under Section 85 of the Income Tax Act, 1961.
• Customers can subscribe via bank branches; strengthens investment offerings for retail and institutional clients.

Trading Plan Details

• Trading Plan approved by the Board under SEBI PIT Regulations on 18 August 2026.
• Insider: Mr. John V T, Chief Manager, Inspection and Audit, designated person.
• Sell trades over up to five trading days with a lower limit up to 20% below closing price.
• Trading plan irrevocable upon approval; trading window currently open.
• Plan is available on the bank's investor announcements page.

Tenure extension of Head-Training (GM)

• Extension of Ratheesh R's tenure as Head-Training (GM) by one year from August 17, 2026.

Governance

• Executive Director appointment: Mrs. Biji S. S., effective 15 July 2026.
• Role to strengthen Karnataka Bank's leadership team.

Q1 FY27 Highlights

• Aggregate business: INR 1,97,007 crores as of 30 Jun 2026.
• Gross advances: INR 86,610 crores; QoQ +4%.
• Deposits: INR 1,10,396 crores; QoQ +1%.
• NII: INR 938.29 crores; NIM 3.20%.

Strategy & Focus

• RAM focus on retail, Agri and MSME; reduce low-yield corporate exposure.
• IBPC reduced to INR 1,375 crores as of 30 Jun 2026; 243 crores replaced in Q1.

Growth & Expansion Plan

• Branch expansion planned: 31–32 new branches this year.
• CRAR 21.10%; LCR 169%; PCR 67.03% (excl), 84.70% (incl).

Meeting Details

• Date: July 30, 2026; Time: 04:00 PM IST
• Type: group, post-earnings conference call; Mode: virtual audio
• Event/organiser: post-earnings analysts/institutional investors meeting by Karnataka Bank
• Key participants: Company Secretary & Compliance Officer
• Purpose: post-earnings discussion with analysts/institutional investors
• Recording: available on bank website under Investors / Quarterly Results

Director appointment

• Parthasarathi Periaswamy appointed Additional Non-Executive Independent Director.
• Term four years, effective July 29, 2026.
• Profile: seasoned technology and cybersecurity leader with RBI and IDRBT experience.

Director appointment

• Appoints Dr. M. Aruna Shyam as Independent Additional Director, four-year term from July 18, 2026, subject to approvals.

Appointment of Independent Director

• Appointed Dr. M Aruna Shyam as Additional Director, Non-Executive Independent, for four years, effective July 18, 2026.
• Appointment is subject to shareholders' approval under SEBI LODR and the Companies Act, 2013.
• Not debarred from director office by SEBI or other authorities.
• Postgraduate in Business Law with a Doctorate in Law (Constitution & Criminal Law).
• Over two decades of legal practice; served as Additional Advocate General for Karnataka (2020–2023).
• Designated Senior Advocate by Karnataka High Court in 2021.
• Not related to other directors of the bank.