A recent press report said that Karnataka Bank has given KPMG Advisory Services (P) Ltd. the task of conducting the business process re-engineering for the bank. According to a statement given by Mr.P.Jayarama Bhat, Managing Director and Chief Executive Officer of the bank, the bank has taken up this process or re-engineering its process in… Read More »
The Reserve Bank of India has imposed a penalty of Rs.10 lakh (Rupees Ten Lakh only) on Credit Agricole – Corporate & Investment Bank and a penalty of Rs. Five lakh (Rupees five lakh only) on Karnataka Bank Limited for non-compliance with its directives on derivatives. The penalty on Credit Agricole – Corporate & Investment… Read More »
According to recent press reports Karnataka Bank Ltd, private sector banking institution based in the town of Mangalore in Karnataka has signed an agreement with Bartronics India Ltd in order to boost up the process of providing banking services in remote villages under its financial inclusion plan. The agreement was signed by the Managing Director… Read More »