Карнатака Банкі: Үндістанның коммерциялық банкінің шолуы

Indian commercial bank

Karnataka Bank Limited has adopted core banking, internet banking and has established its "MoneyPlant" (1187 ATMs & Cash recyclers and 586 e lobbies/mini e lobbies) ATM system across the country.

Karnataka Bank Limited was incorporated on 18 February 1924, and commenced business on 23 May 1924. Its founders established it at Mangalore, a coastal town in the Dakshina Kannada district of Karnataka. Among the founders, who created the bank to serve the South Canara region, was B. R. Vysaray Achar. In Karnataka Bank reported Rs 285 crore fraud to Reserve Bank of India by DHFL, Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd. In 2021, Karnataka Bank Limited operationalized its wholly owned non financial subsidiary KBL Services Limited with its registered and head office at Bangalore.

The branches are available in 22 Indian states and 2 Union Territories. In August 2008, the Karnataka Bank Limited introduced Quick Remit, a facility to make money transfers easy for Non Resident Indians living in Canada, United States, and the UK. The bank also runs a 24 hour Internet banking service called MoneyClick. Karnataka Bank Limited provides business and personal banking products and services in India. The bank has four areas of business: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It accepts savings and current accounts, cash certificates, fixed and cumulative deposits, non resident rupee accounts, ordinary non resident accounts, and foreign currency accounts; and offers loan products, such as vehicle, home, education, personal, MSME, mortgage, women entrepreneur, gold, and other loans, as well as loans against property and fixed deposits. The bank also provides debit, credit, gift, deposit only, image, and travel cards; life, general, and health insurance products; investments services; and remittance and other services. In addition, it offers forex services, which include pre and post shipment, export collection bills, export LC advising, inward remittance facility, import letter of credit, import bill collection, buyer's credit, and outward remittances. Additionally, it offers various loans for agriculture; and other services, such as Internet banking, mutual funds, demat services, locker facility, and funds transfer services.