The Karnataka Bank Limited — Board Meeting, 31-01-2025: Outcome of Board Meeting
31-01-2025 | 04:25 pm
31-01-2025 | 04:25 pm
Karnataka Bank has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The agenda includes reviewing the unaudited standalone and consolidated financial statements. Key figures reported include total income of ₹2,542.02 crore and a net profit after tax of ₹283.55 crore for the quarter. Additionally, the bank reported a capital adequacy ratio of 17.64%, reinforcing its financial stability. The meeting emphasizes the bank's ongoing commitment to transparency and stakeholder engagement.
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