Karnataka Bank
From Wikipedia, the free encyclopedia
Karnataka Bank Limited. a private sector bank in India, was incorporated on February 18th, 1924 at Mangalore, a coastal town of Dakshina Kannada district in Karnataka State. One of the founders of the bank was Vyasa Achar, and the bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank acquired Sringeri Sharada Bank, Chitradurga Bank and Bank of Karnataka. Recently the bank shifted its head office, which was at Kodialbail, to near Mahaveera circle at Kankanadi.
The bank now has a national presence with a network in excess of 400 branches across 18 states and 2 Union Territories all over India. It has over 4,352 employees and 89407 shareholders. Its 2.6 million customers include farmers and artisans in villages and small towns throughout the country.
The Karnataka Bank has been striving to keep pace with advances in banking technology by adopting Core banking and Internet banking, and establishing its MoneyPlant Automated Teller Machine system.
