Karnataka Bank has unveiled two innovative products aimed at empowering students: the KBL Peak Education Loan and the KBL Genius Integrated Savings Account. Through these offerings, Karnataka Bank aims to strengthen its role in India’s expanding education finance market, bringing robust financial support to students pursuing higher education domestically and abroad. Both products were officially […]
Karnataka Bank (KBL), a premier private sector bank, and Northern Arc Capital Limited (“Northern Arc”), a leading diversified non-banking financial company (NBFC) and financial services platform in India, have entered into a Memorandum of Understanding (MOU). This collaboration is set to revolutionize Karnataka Bank’s offerings by providing customer-centric financial solutions to retail borrowers through Northern […]
In a significant move for India’s financial sector, Karnataka Bank Limited (KBL), a renowned private sector bank, and Clix Capital, an emerging new-age Non-Banking Financial Company (NBFC), have announced a groundbreaking digital co-lending partnership. This collaboration, facilitated through the Yubi Co.lend Platform, aims to revolutionize lending for the Indian Micro, Small, and Medium Enterprises (MSME) […]
In a significant move towards enhancing financial inclusivity, Karnataka Bank (KBL), a premier private sector bank, and Satin Creditcare Network Limited (SCNL), a leading Non-Banking Financial Company – Micro Finance Institution (MFI), have announced a strategic co-lending partnership. This alliance aims to provide financial support to Joint Liability Groups (JLG) of economically active women, particularly […]
Karnataka Bank has announced a strategic corporate tie-up with HDFC Life, one of India’s leading life insurance providers. This partnership is designed to offer a range of life insurance products to Karnataka Bank’s customers, representing a commitment to providing innovative and customer-centric financial solutions. Combining Expertise for Enhanced Customer Benefits The collaboration brings together Karnataka […]
Karnataka Bank has teamed up with Vakrangee Limited (VL) to provide Business Correspondent (BC) Banking services across India via Vakrangee Kendra outlets. Recognized for its contribution to financial inclusion, Vakrangee holds a significant footprint with over 14,000 Banking BC points. Additionally, it is ranked as the 4th largest ATM operator in rural India, boasting over […]
Karnataka Bank, a private sector bank in India, has announced the appointment of Srikrislman Harihara Sarma as its new Managing Director and CEO. The appointment has taken immediate effect and is set to last for a three-year term, subject to approval by shareholders at the forthcoming Annual General Meeting or within three months from assuming […]