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Karnataka Bank Announces Cessation of Independent Director

Story Highlights
  • Karnataka Bank Ltd. announces the cessation of Mr. Justice Arakalgud Venkataramaiah Chandrashekar as a director.
  • The change in board composition may impact Karnataka Bank’s governance and strategic direction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Karnataka Bank Announces Cessation of Independent Director

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Karnataka Bank Ltd. ( (IN:KTKBANK) ) has provided an update.

Karnataka Bank Ltd. has announced the cessation of Mr. Justice Arakalgud Venkataramaiah Chandrashekar as a Non-Executive Independent Director, effective from the close of business on August 18, 2025, upon the completion of his tenure. This change is part of the bank’s compliance with SEBI regulations, and it signifies a transition in the bank’s board composition, which may impact its governance and strategic direction.

More about Karnataka Bank Ltd.

Karnataka Bank Ltd. is a prominent banking institution in India, offering a wide range of financial services across the country. It is known for its comprehensive banking solutions and has a significant presence in the Indian financial market.

Average Trading Volume: 132,455

Technical Sentiment Signal: Hold

Current Market Cap: 64.2B INR

See more insights into KTKBANK stock on TipRanks’ Stock Analysis page.

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