The Karnataka Bank Limited — Others, 14-07-2025: Appointment

Karnataka Bank has announced the appointment of Mr. Raghavendra Srinivas Bhat as its new Managing Director & CEO. Effective July 16, 2025, he will serve for a period of three months or until a regular MD & CEO is appointed, whichever comes first. This interim appointment follows approval from the Reserve Bank of India. Mr. Bhat brings 38 years of experience with Karnataka Bank, having risen from Clerk to Chief Operating Officer, with extensive expertise across all key banking areas. This leadership change ensures continuity and strategic direction for the bank.