The Karnataka Bank Limited — Results, 29-07-2026: Financial Results Updates

Karnataka Bank's board has approved the financial results for the quarter, reporting a net profit surge to ₹419.12 Cr from ₹292.50 Cr year-on-year. Asset quality improved significantly, with Gross NPA decreasing to 2.58% and Net NPA to 0.87%. The bank maintains a robust Capital Adequacy Ratio of 21.10% and a Provision Coverage Ratio of 84.70%. Notably, ₹127.00 Cr from Investment Fluctuation Reserve was transferred to Revenue Reserve, and the bank acquired ₹175.00 Cr in performing loans. Existing unsecured Tier 2 bonds of ₹300.00 Cr have no security cover, and their capital adequacy purpose is fulfilled.