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The latest announcement is out from Karnataka Bank Ltd. ( (IN:KTKBANK) ).
Karnataka Bank’s board has approved the re-appointment of two non-executive independent directors, Dr. D. S. Ravindran and Mr. Balakrishna Alse S, for an additional three-year term each, effective from April and May 2026 respectively, subject to shareholder approval in line with SEBI LODR norms and the Companies Act. The bank has confirmed that both directors have not been debarred by SEBI or any other authority, and highlighted Dr. Ravindran’s extensive public-sector and digital governance experience, indicating a continued emphasis on strong, compliant governance and technology-driven oversight at the board level, which is likely to support the bank’s strategic and regulatory positioning.
More about Karnataka Bank Ltd.
Karnataka Bank Ltd. is an Indian scheduled commercial bank headquartered in Mangaluru, operating as a private sector lender with a nationwide presence under the tagline “Your Family Bank, Across India,” and offers a full range of retail and corporate banking services to customers across the country.
Average Trading Volume: 649,360
Technical Sentiment Signal: Hold
Current Market Cap: 67.73B INR
Learn more about KTKBANK stock on TipRanks’ Stock Analysis page.