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Karnataka Bank Q1 gross advances jump 17%; deposits rise 7%
On a sequential basis, bank's gross advances rose 3.9% and deposits increased 1.5%, while CASA deposits declined 2.07% and the CASA ratio slipped 118 basis points from 33.61% as of March 31, 2026.
RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank
The Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its deteriorating financial condition. The bank's inability to meet its obligations and its lack of adequate capital and earning prospects led to this decision. Approximately 97.9% of depositors are expected to receive their full deposit amounts from DICGC upon liquidation.
Stock Alert: IEX, JBM Auto, Skipper, NBCC, Texmaco Rail & Engineering, Karnataka Bank
Securities in F&O Ban:
Karnataka Bank partners with Tobacco Board
To provide customized financial solutions to registered tobacco growers across Karnataka
Karnataka Bank shares rally 10% after Q4; ₹5 per share dividend announced
For the January to March quarter of FY26 (Q4FY26), Karnataka Bank's net profit stood at ₹408.19 crore as against a profit of ₹290.79 crore earned in Q3Y26, registering a growth of 40 per cent Q-o-Q.
Karnataka Bank gains after Q4 PAT jumps 62% to Rs 408 cr
Karnataka Bank rose 2.56% to Rs 254.85 after the private sector lender reported strong growth in quarterly profitability, supported by higher net interest income, improving margins and better asset quality.
Karnataka Bank consolidated net profit rises 61.61% in the March 2026 quarter
Total Operating Income decline 0.05% to Rs 2257.32 crore
Karnataka Bank Q4 profit up 62% on higher core income, better asset quality
Karnataka Bank reported a strong March quarter with sharp profit growth and improved asset quality, while the lender also posted record annual profit and business turnover for FY26.
Karnataka Bank profit jumps 62% on strong Q4 performance, asset quality gains
Karnataka Bank reported strong quarterly growth with net profit rising sharply, driven by higher operating profit and improved asset quality. Annual profit rose modestly, while NPAs declined significantly, reflecting healthier balance sheet trends. The board also recommended a final dividend for shareholders.
Stocks to Watch for May 20: BPCL, Mankind Pharma, Orkla India, PI Industries and more
BPCL profit slumps on exceptional loss, while Orkla India, Godawari Power and Karnataka Bank report strong earnings growth. PTC India’s profit declines sharply, and JSW Energy moves to raise its stake in Toshiba JSW. Here are the stocks to watch ahead of Wednesday’s trading session.
Infratech Wins Two NHAI Road Projects | Karnataka Bank Partners Pine Labs for Pos Services | Top Buzzing Stocks Today - Equitymaster
Infratech Wins Two NHAI Road Projects | Karnataka Bank Partners Pine Labs for Pos Services | Top Buzzing Stocks TodayEquitymaster
Infratech Wins Two NHAI Road Projects | Karnataka Bank Partners Pine Labs for Pos Services | Top Buzzing Stocks Today - Equitymaster
Infratech Wins Two NHAI Road Projects | Karnataka Bank Partners Pine Labs for Pos Services | Top Buzzing Stocks TodayEquitymaster