The Karnataka Bank Limited — Others, 31-07-2025: Change in Management

Karnataka Bank announced changes in its Senior Management team. Mrs. Sumana Ghate, General Manager and Head of Operations Department, also overseeing Credit Sanctions for exposures up to Rs. 15 crore, has retired. Mr. Nagaraja Aithal, Deputy General Manager of the Credit Monitoring Department, has also retired. Both officials ceased to be Senior Management Personnel upon reaching superannuation. This change impacts key operational and credit monitoring roles within the bank, marking a transition in leadership for these critical functions.