Stock market today: The shareholders of Karnataka Bank, a leading ‘A’ Class Scheduled Commercial Bank, which was incorporated on February 18, 1924, at Mangaluru, Karnataka, have little to complain about as of now, as the stock has given over 78 per cent returns in the past one year. In comparison, the benchmark Nifty50 has risen over 29 per cent during the window. The lender, which witnessed a challenging period between FY14–20 before a stable period of FY05–13, is finally seeing green shoots of several steps the new management has taken over in the past two years.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe reorganisation of several departments, a robust underwriting process,…
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