by newsworm | Feb 20, 2025 | Banking, Karnataka Bank
Vijayawada police in Krishna district, India, have arrested Ganne Somasekhar, an assistant branch manager of Karnataka Bank in Machilipatnam, for fraudulently misusing pledged gold ornaments. Somasekhar, who was responsible for managing the bank’s gold loan... by newsworm | Feb 19, 2025 | Banking, Karnataka Bank
Karnataka Bank, a leading bank in India, celebrated its 101st Founder’s Day on August 18, 2022, with a focus on educating customers and promoting financial literacy. The event was held at the bank’s Mangaluru head office. The bank’s founder,... by newsworm | Feb 18, 2025 | Banking, Karnataka Bank, RBI
Karnataka Bank has recently reported to the Reserve Bank of India (RBI) a suspicious cross-border Unified Payments Interface (UPI) transaction worth Rs 18.87 crore. The bank claims that it has suffered a loss of Rs 18.57 crore due to an UPI reconciliation issue, which... by newsworm | Feb 17, 2025 | Banking, Karnataka Bank, RBI
Karnataka Bank has reported a suspicious cross-border UPI (Unified Payments Interface) transaction of Rs 18.87 crore to the Reserve Bank of India (RBI). According to reports, the bank has requested the RBI to reverse the transaction, which is suspected to be an... by newsworm | Feb 15, 2025 | Banking, Karnataka Bank
Karnataka Bank is set to celebrate its founders’ day on February 18 at its head office in Mangaluru, with a special address by Madhusudan Sai, a humanitarian and spiritual teacher. Sai has been working to uplift people through various initiatives, including free... by newsworm | Feb 8, 2025 | Banking, Canara Bank, IDBI Bank, Karnataka Bank, RBI, Union Bank of India
In response to the Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points, several senior citizen-focused fixed deposit (FD) schemes are offering interest rates as high as 9.5%. The RBI’s move is expected to boost economic growth...