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The Karnataka Bank is currently trading at Rs. 217.80, up by 1.60 points or 0.74% from its previous closing of Rs. 216.20 on the BSE. The scrip opened at Rs. 217.00 and has touched a high and low of Rs. 218.65 and Rs. 215.80 respectively. So far 23795 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.35 on 20-Jan-2024 and a 52 week low of Rs. 192.25 on 04-Jun-2024. Last one week high and low of the scrip stoo...
Karnataka Bank rises on launching Credit Line on UPI
Prabhudas Lilladher Group, now known as PL Capital, one of the most trusted financial services organisations in India cited that Karnataka Bank is expanding its advances and deposit base by around 20%, outpacing the industry average growth rate of 15%. The bank has improved across key metrics such as income, returns, asset and this positive momentum is expected to continue. Currently trading at an adjusted book value (ABV) of 0.6x for FY26, PL Capital sugges...
Karnataka Bank expands its advances and deposit base by 20% ~; surpasses industry average growth rate of 15%: PL Capital`s Beat report
ICICI Lombard, India’s leading private General Insurance Company, announces its collaboration with Karnataka Bank Limited, an esteemed 'A' Class Scheduled Commercial Bank in India, to introduce a dynamic Bancassurance tie-up. This alliance aims to grant Karnataka Bank's diverse clientele access to ICICI Lombard's extensive insurance portfolio, thereby enhancing penetration and reinforcing financial security across India. With Karnataka Bank's expanding networ...
ICICI Lombard General Insurance and Karnataka Bank Limited Forge Strategic Bancassurance Partnership
Karnataka Bank is currently trading at Rs. 233.50, up by 5.65 points or 2.48% from its previous closing of Rs. 227.85 on the BSE. The scrip opened at Rs. 228.50 and has touched a high and low of Rs. 235.95 and Rs. 228.50 respectively. So far 303692 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.35 on 20-Jan-2024 and a 52 week low of Rs. 192.25 on 04-Jun-2024. Last one week high and low of the scrip stood a...
Karnataka Bank soars on reporting 8% rise in Q1 net profit
Karnataka Bank is currently trading at Rs. 248.00, up by 1.05 points or 0.43% from its previous closing of Rs. 246.95 on the BSE. The scrip opened at Rs. 249.60 and has touched a high and low of Rs. 249.60 and Rs. 246.00 respectively. So far 39426 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.35 on 20-Jan-2024 and a 52 week low of Rs. 124.10 on 29-Mar-2023. Last one week high and low of the scrip stood at...
Karnataka Bank gains on entering into MoU with Northern Arc Capital
Karnataka Bank (KBL), a leading private sector bank and Clix Capital, one of India's fastest growing new-age NBFCs, have entered into a strategic digital co-lending partnership through YubiCo.Lend platform. This partnership is focused on providing loans to the Indian MSME sector, which is one of the biggest contributors to India's GDP and employment growth. The agreement is in line with the RBI's guidelines on co-lending by banks and NBFCs to priority sectors. The partnershi...
Karnataka Bank & Clix Capital enter into a co-lending partnership through Yubi platform
Vakrangee is currently trading at Rs. 19.69, up by 0.45 points or 2.34% from its previous closing of Rs. 19.24 on the BSE.The scrip opened at Rs. 19.49 and has touched a high and low of Rs. 20.00 and Rs. 19.43 respectively. So far 851983 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.34 on 02-Nov-2022 and a 52 week low of Rs. 13.70 on 08-Aug-2023.Last one week high and low of the scrip stood at Rs. 22.50 and Rs. 17.12 respect...
Vakrangee surges on partnering with Karnataka Bank
Karnataka Bank, a leading private sector Bank is launching ?Door -Step Gold Loan? facility named ?KBL-Swarna Bandhu? for its customers, a unique product for gold loans with end to end digitization. Through this product the Bank will be able to provide Gold Loan Services at the customer's door step. Initially, this product will be available to customers in select centres of the Bank and will be gradually rolled out to all the branches of the Bank.Karnataka Bank is well positioned to expand its...
Karnataka Bank launches `Door step Gold loan facility` in collaboration with SahiBandhu
Geographic expansion & new age tech adoption to aid growth.About the stock: Incorporated in 1924, Karnataka Bank is a south based private sector bank with large presence in state of Karnataka. With ~46% of branches in rural & semi urban areas, the bank focusses on retail, MSME & agri segment (share of agri/ MSME at ~37.4% of advances). * Pan India presence with 901 branches of which 575 branches are in the state of Karnataka * Bank has large customer base of 1.3 crore; employ...
Buy Karnataka Bank Ltd For Target Rs. 285 - ICICI Direct
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