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Karnataka Bank Ltd. ( (IN:KTKBANK) ) has provided an update.
Karnataka Bank Ltd. has appointed Pipara & Co. LLP, Chartered Accountants, as forensic auditors to review suspicious UPI global transactions, following deficiencies in the reconciliation process. The bank assures that this audit will not affect its operations or customer services, indicating a proactive approach to compliance and transparency.
More about Karnataka Bank Ltd.
Karnataka Bank Ltd. is a prominent financial institution in India, offering a wide range of banking services and products to its customers across the country. Headquartered in Mangaluru, the bank focuses on providing comprehensive banking solutions to individuals and businesses, positioning itself as a ‘Family Bank’ across India.
YTD Price Performance: -13.96%
Average Trading Volume: 105,285
Current Market Cap: 68.9B INR
See more data about KTKBANK stock on TipRanks’ Stock Analysis page.