The Karnataka Bank Limited — Updates, 29-06-2025: Press Release

Karnataka Bank has announced a board meeting and accepted resignations of its MD & CEO and Executive Director, effective mid and late July. A search committee is in place to find replacements. An experienced senior banker will take over as COO from July 2. The bank resolved matters related to auditor’s emphasis of matter and reassures investors of its strong capitalization and ongoing transformation efforts. Operational stability remains a priority amid leadership changes.