ALPHA TRIBE

The Karnataka Bank LimitedBoard Meeting, 12-08-2025: Outcome of Board Meeting

12-08-2025 | 06:29 pm

Karnataka Bank has announced a board meeting on August 12, 2025, where it considered and approved the financial results for the quarter ended June 30, 2025. The bank reported a consolidated net profit of Rs. 292.50 Cr for Q1FY26. This marks a quarter-on-quarter improvement but a year-on-year decline. The bank's Capital Adequacy Ratio stands strong at 20.46%. Gross NPAs increased slightly to 3.46%, with Net NPAs at 1.44%. Provision Coverage Ratio improved to 81.11%. The bank also allotted 31,671 equity shares under its Employee Stock Options Scheme and is expanding its Digital Banking footprint with two DBUs.

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