Share price at the NSE close on 23 Oct 2026. Previous close ₹313.75.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹11,372 Cr594th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 7.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 May 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.66%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 11.4%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group.
- 2.96%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 2.58%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.87%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 19.86%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group.
- 1.05%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 43,68,24358.1% delivered
The Karnataka Bank board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonPANJA PRADEEP KUMAR
- Managing director and CEORAGHAVENDRA SRINIVAS BHAT
- Company Secretary and Compliance OfficerSHAM K
11 directors8 independent2 executive1 non-executive
- PANJA PRADEEP KUMAR · ChairpersonIndependent · joined Aug 2020 · reappointed Aug 2025 · 73 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- RAGHAVENDRA SRINIVAS BHAT · Managing director and CEOExecutive · joined Jul 2025 · reappointed Nov 2025 · 1 listed board · 1 committee seat
- BIJI SREEKRISHNAVILAS SANKARANARAYANANExecutive · joined Jul 2026 · reappointed Jul 2026 · 1 listed board · 1 committee seat
- BALEBAIL RAJAGOPAL ASHOKNon-executive · joined Aug 2019 · reappointed Sep 2026 · 1 listed board · 2 committee seats
- UMA SHANKARIndependent · joined Nov 2020 · reappointed Nov 2025 · 71 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- BALAKRISHNA SHETTWALLI ALSEIndependent · joined May 2021 · reappointed May 2026 · 64 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- JEEVANDAS NARAYANIndependent · joined Apr 2022 · reappointed Apr 2022 · 53 months as independent · 1 listed board · 1 as independent
- KALMANJE GURURAJ ACHARYAIndependent · joined Apr 2022 · reappointed Apr 2022 · 53 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- HARISH HASSAN VISWESWARAIndependent · joined Feb 2024 · reappointed Feb 2024 · 32 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
- MAIRA ARUNA SHYAMIndependent · joined Jul 2026 · reappointed Jul 2026 · 2 months as independent · 1 listed board · 1 as independent
- PARTHASARATHI PERIASWAMYIndependent · joined Jul 2026 · reappointed Jul 2026 · 2 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- DEVARAYASAMUDRAM SRINIVASAN RAVINDRAN, left 6 Mar 2026: Others
- ARAKALGUD VENKATARAMAIAH CHANDRASHEKAR, left 18 Aug 2025: Tenure Completion
- SEKHAR SRIDHAR RAO, left 31 Jul 2025: Others
- SRIKRISHNAN HARI HARA SARMA, left 15 Jul 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Aug 202611 of 11 present8 independent · 30 days in between
- 29 Jul 202610 of 10 present7 independent · 10 days in between
- 18 Jul 20269 of 9 present6 independent · 25 days in between
- 22 Jun 20267 of 8 present5 independent · 17 days in between
4 earlier meetings
- 4 Jun 20268 of 8 present6 independent · 15 days in between
- 19 May 20268 of 8 present6 independent · 20 days in between
- 28 Apr 20268 of 8 present6 independent · 22 days in between
- 5 Apr 20268 of 8 present6 independent
Audit Committee
Chair KALMANJE GURURAJ ACHARYA
BALEBAIL RAJAGOPAL ASHOK, UMA SHANKAR, BALAKRISHNA SHETTWALLI ALSE, HARISH HASSAN VISWESWARA
- 23 Sep 20265 of 5 present4 independent · 35 days in between
- 18 Aug 20265 of 5 present4 independent · 20 days in between
- 28 Jul 20265 of 5 present4 independent · 10 days in between
- 17 Jul 20265 of 5 present4 independent · 59 days in between
2 earlier meetings
- 18 May 20265 of 5 present4 independent · 6 days in between
- 11 May 20265 of 5 present4 independent
Nomination and remuneration committee
Chair UMA SHANKAR
PANJA PRADEEP KUMAR, BALEBAIL RAJAGOPAL ASHOK, JEEVANDAS NARAYAN
- 2 Sep 20264 of 4 present3 independent · 35 days in between
- 28 Jul 20264 of 4 present3 independent · 10 days in between
- 17 Jul 20264 of 4 present3 independent · 31 days in between
- 15 Jun 20264 of 4 present3 independent · 15 days in between
1 earlier meeting
- 30 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair BALAKRISHNA SHETTWALLI ALSE
RAGHAVENDRA SRINIVAS BHAT, BIJI SREEKRISHNAVILAS SANKARANARAYANAN, BALEBAIL RAJAGOPAL ASHOK, HARISH HASSAN VISWESWARA
- 19 Aug 20265 of 5 present2 independent · 84 days in between
- 26 May 20264 of 4 present2 independent
Risk Management Committee
Chair JEEVANDAS NARAYAN
PANJA PRADEEP KUMAR, RAGHAVENDRA SRINIVAS BHAT, BALEBAIL RAJAGOPAL ASHOK, HARISH HASSAN VISWESWARA
- 17 Sep 20265 of 5 present3 independent · 92 days in between
- 16 Jun 20265 of 5 present3 independent
Corporate Social Responsibility Committee
Chair PANJA PRADEEP KUMAR
RAGHAVENDRA SRINIVAS BHAT, KALMANJE GURURAJ ACHARYA, MAIRA ARUNA SHYAM
- 19 Aug 20264 of 4 present3 independent · 84 days in between
- 26 May 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Jun 2026.
- M/s RGN Price & CoPeer-review certificate valid to Mar 2028
- M/s Ravi Rajan & Co LLPPeer-review certificate valid to May 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
The Karnataka Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.The Karnataka Bank dividend history
Annual general meeting, 22 Sep 2026
3,93,787 shareholders on the register on 15 Sep 2026; present: 0 promoters and 182 others; votes counted by CS LEKHA ASHOK / M/S SVJS & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, together with the reports of the Auditors and the Directors thereon.MoreLess
Ordinary99.89% for0.11% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 44.38% · promoters 0.00% · institutions 85.29% · other public 23.67%
- To declare final dividend on equity shares for the Financial Year ended March 31, 2026.Ordinary99.60% for0.40% against
Against: promoters 0.00% · institutions 0.45% · other public 0.31%
Turnout: all 44.70% · promoters 0.00% · institutions 86.24% · other public 23.67%
- To appoint a director in place of Mr. B R Ashok (DIN: 00415934), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary78.26% for21.74% against
Against: promoters 0.00% · institutions 22.28% · other public 20.77%
Turnout: all 44.83% · promoters 0.00% · institutions 86.24% · other public 23.87%
- To appoint M/s. Batliboi & Purohit as a Joint Statutory Auditor in place of retiring auditor M/s. Ravi Rajan & Co., LLP and to fix remunerationOrdinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.32%
Turnout: all 44.69% · promoters 0.00% · institutions 86.24% · other public 23.67%
- To approve the appointment of Mrs. Biji Sreekrishnavilas Sankaranarayanan (DIN: 11534526) as the Executive Director of the BankOrdinary99.02% for0.98% against
Against: promoters 0.00% · institutions 0.89% · other public 1.15%
Turnout: all 44.69% · promoters 0.00% · institutions 86.24% · other public 23.66%
- To approve the appointment of Dr. M Aruna Shyam (DIN: 11789970) as a Non–Executive, Independent Director of the BankSpecial99.87% for0.13% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 44.69% · promoters 0.00% · institutions 86.24% · other public 23.67%
- To approve the appointment of Mr. Parthasarathi Periaswamy (DIN: 08507318) as a Non-Executive, Independent Director of the BankSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.41%
Turnout: all 44.69% · promoters 0.00% · institutions 86.24% · other public 23.67%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 Mar 2026, 2 resolutions
4,37,352 shareholders on the register on 30 Jan 2026; votes counted by Mr. Ullas Kumar Melinamogaru / Ullas Kumar Melinamogaru and Associates.The company's voting result (opens in a new tab)
- To approve the re-appointment of Dr. D.S. Ravindran (DIN: 09057128) as a Non-Executive Independent Director of the BankSpecialNot passedRecorded as not passed although most votes were for it; no reason is given59.45% for40.55% against
Against: promoters 0.00% · institutions 29.74% · other public 57.19%
Turnout: all 40.02% · promoters 0.00% · institutions 87.67% · other public 21.78%
- To approve the re-appointment of Mr. Balakrishna Alse S (DIN: 08438552) as a NonExecutive Independent Director of the BankSpecial76.78% for23.22% against
Against: promoters 0.00% · institutions 29.51% · other public 13.51%
Turnout: all 39.97% · promoters 0.00% · institutions 87.67% · other public 21.73%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Jan 2026, 1 resolution
4,33,688 shareholders on the register on 19 Dec 2025; votes counted by Ullas Kumar Melinamogaru / M/s Ullas Kumar Melinamogaru and Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Raghavendra Srinivas Bhat DIN 11165725 as the Managing Director and CEO of the Bank.Ordinary89.28% for10.72% against
Against: promoters 0.00% · institutions 17.37% · other public 0.23%
Turnout: all 36.91% · promoters 0.00% · institutions 81.24% · other public 19.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2025, 8 resolutions
4,34,197 shareholders on the register on 16 Sep 2025; present: 0 promoters and 249 others; votes counted by CS LEKHA ASHOK / M/S SVJS & ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Audited Consolidated Financial Statements for the year ended March 31, 2025, and reports of the Auditors and the Directors thereon.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 39.07% · promoters 0.00% · institutions 81.82% · other public 20.07%
- To declare dividend.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 39.18% · promoters 0.00% · institutions 82.18% · other public 20.07%
- To appoint a director in place of Mr. B R Ashok (DIN: 00415934), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary88.18% for11.82% against
Against: promoters 0.00% · institutions 17.61% · other public 1.24%
Turnout: all 39.13% · promoters 0.00% · institutions 82.18% · other public 20.00%
- Appointment of Joint Statutory Auditors and fixation of their remuneration.Ordinary88.10% for11.90% against
Against: promoters 0.00% · institutions 17.69% · other public 1.30%
Turnout: all 39.11% · promoters 0.00% · institutions 82.18% · other public 19.97%
- Appointment of Secretarial Auditors and fixation of their remuneration.Ordinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.01% · other public 0.26%
Turnout: all 39.11% · promoters 0.00% · institutions 82.18% · other public 19.96%
- Amendments to the Articles of Association of the Bank.Special99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 39.09% · promoters 0.00% · institutions 82.18% · other public 19.93%
- Appointment of Mr. Raghavendra Srinivas Bhat (DIN: 11165725) as the Managing Director and CEO of the Bank.Ordinary89.89% for10.11% against
Against: promoters 0.00% · institutions 15.53% · other public 0.24%
Turnout: all 39.19% · promoters 0.00% · institutions 82.18% · other public 20.08%
- Re-appointment of Mrs. Uma Shankar (DIN: 07165728) as a Non – Executive, Independent Director.Special89.14% for10.86% against
Against: promoters 0.00% · institutions 16.04% · other public 1.39%
Turnout: all 39.13% · promoters 0.00% · institutions 82.18% · other public 20.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 Jul 2025, 2 resolutions
4,05,175 shareholders on the register on 20 Jun 2025; votes counted by CS LEKHA ASHOK / M/S SVJS & ASSOCIATES.The company's voting result (opens in a new tab)
- Re-appointment of Mr. Justice A. V. Chandrashekar (DIN: 08829073) as a Non-Executive, Independent Director of the BankSpecialNot passedRecorded as not passed although most votes were for it; no reason is given74.08% for25.92% against
Against: promoters 0.00% · institutions 16.44% · other public 60.24%
Turnout: all 31.83% · promoters 0.00% · institutions 76.63% · other public 10.21%
- Re-appointment of Mr. Pradeep Kumar Panja (DIN: 03614568) as a Non-Executive, Independent Director of the Bank.Special97.51% for2.49% against
Against: promoters 0.00% · institutions 0.44% · other public 10.15%
Turnout: all 31.64% · promoters 0.00% · institutions 76.63% · other public 9.93%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Sep 2024, 6 resolutions
Present: 0 promoters and 136 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Audited Consolidated Financial Statements for the year ended March 31, 2024, and reports of the Auditors and the Directors thereon.Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.23% · other public 0.02%
Turnout: all 31.17% · promoters 0.00% · institutions 80.42% · other public 7.24%
- To declare dividend on equity shares for the financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 31.43% · promoters 0.00% · institutions 81.22% · other public 7.24%
- Appointment of Mr. Sekhar Rao (DIN:06830595) as Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.58% for0.42% against
Against: promoters 0.00% · institutions 0.00% · other public 2.72%
Turnout: all 31.43% · promoters 0.00% · institutions 81.22% · other public 7.24%
Appointment of M/s. Ravi Rajan & Co. LLP and M/s. R G N Price & Co. as Joint Statutory Auditors of the Bank for the year 2024-25 i.e., upto the conclusion of the 101st AGM and to fix their remuneration.MoreLess
Ordinary82.42% for17.58% againstAgainst: promoters 0.00% · institutions 20.78% · other public 0.16%
Turnout: all 31.43% · promoters 0.00% · institutions 81.22% · other public 7.24%
- Amendments to the Articles of Association of the Bank.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 31.40% · promoters 0.00% · institutions 81.22% · other public 7.19%
- Borrowing PowersSpecial99.67% for0.33% against
Against: promoters 0.00% · institutions 0.00% · other public 2.12%
Turnout: all 31.43% · promoters 0.00% · institutions 81.22% · other public 7.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Feb 2024, 3 resolutions
The company's voting result (opens in a new tab)
- To Issue, Offer and Allot Equity Shares of the Karnataka Bank Limited on a Preferential basis.Special99.43% for0.57% against
Against: promoters 0.00% · institutions 0.00% · other public 5.98%
Turnout: all 34.85% · promoters 0.00% · institutions 83.24% · other public 5.32%
- To approve raising of funds in one or more tranches through permitted means.Special99.75% for0.25% against
Against: promoters 0.00% · institutions 0.23% · other public 0.43%
Turnout: all 34.85% · promoters 0.00% · institutions 83.24% · other public 5.32%
- To appoint Mr. Harish Hassan Visweswara (DIN: 08742808) as an Independent Director of the Bank for a term of five consecutive years with effect from 01.02.2024.Special99.32% for0.68% against
Against: promoters 0.00% · institutions 0.13% · other public 5.96%
Turnout: all 34.85% · promoters 0.00% · institutions 83.24% · other public 5.32%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 24 Oct 2023, 1 resolution
The company's voting result (opens in a new tab)
- To Issue, Offer and Allot Equity Shares on a Preferential Basis.Special99.79% for0.21% against
Against: promoters 0.00% · institutions 0.00% · other public 1.21%
Turnout: all 28.93% · promoters 0.00% · institutions 77.09% · other public 7.25%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 22 Sep 2026, 5 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, together with the reports of the Auditors and the Directors thereon.MoreLess
5 for0 against- To declare final dividend on equity shares for the Financial Year ended March 31, 2026.5 for0 against
- To appoint a director in place of Mr. B R Ashok (DIN: 00415934), who retires by rotation and being eligible, offers himself for re-appointment.5 for0 against
- To appoint M/s. Batliboi & Purohit as a Joint Statutory Auditor in place of retiring auditor M/s. Ravi Rajan & Co., LLP and to fix remuneration5 for0 against
- To approve the appointment of Mrs. Biji Sreekrishnavilas Sankaranarayanan (DIN: 11534526) as the Executive Director of the Bank5 for0 against
- To approve the appointment of Dr. M Aruna Shyam (DIN: 11789970) as a Non–Executive, Independent Director of the Bank5 for0 against
- To approve the appointment of Mr. Parthasarathi Periaswamy (DIN: 08507318) as a Non-Executive, Independent Director of the Bank5 for0 against
Mutual fund votes, meeting of 6 Mar 2026, 9 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To approve the re-appointment of Dr. D.S. Ravindran (DIN: 09057128) as a Non-Executive Independent Director of the Bank
Against Bandhan Mutual Fund, quant Mutual Fund
- Bandhan Mutual FundBank has underperformed on most key performance indicators. Hence will request to vote against the resolution for continuation of both the old directors.
- quant Mutual FundGovernance concern and performance concern. Although the profile of the mentioned directors is appropriate and the resolutions are compliant with the law, from our perspective, the financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past. The Board of Directors and the senior management team have failed to protect the interests of the minority shareholders. Hence, we are voting against the resolutions.
5 for2 against1 abstained
- To approve the re-appointment of Mr. Balakrishna Alse S (DIN: 08438552) as a NonExecutive Independent Director of the Bank
Against Bandhan Mutual Fund, quant Mutual Fund
- Bandhan Mutual FundBank has underperformed on most key performance indicators. Hence will request to vote against the resolution for continuation of both the old directors.
- quant Mutual FundGovernance concern and performance concern. Although the profile of the mentioned directors is appropriate and the resolutions are compliant with the law, from our perspective, the financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past. The Board of Directors and the senior management team have failed to protect the interests of the minority shareholders. Hence, we are voting against the resolutions.
6 for2 against1 abstained
1 proposal not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
6 earlier meetings
Mutual fund votes, meeting of 22 Jan 2026, 9 fund houses
- Appointment of Mr. Raghavendra Srinivas Bhat DIN 11165725 as the Managing Director and CEO of the Bank.
Against quant Mutual Fund
- quant Mutual FundCompliant with the law. Performance concern: Although our proxy advisor is in favour of the resolution, from our perspective, the financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past, including the Managing Director & CEO of the Bank. Governance concern: In this resolution, Mr Bhat is being proposed as the MD & CEO for only one year. This notably restricted tenure is counter-intuitive and does not bring long term stability. Such stop-gap measures are not a sign of good governance and do not allow for the implementation of long-term plan and erodes confidence in the appointee. Hence, we are voting against the resolution.
7 for1 against1 abstained
Mutual fund votes, meeting of 23 Sep 2025, 8 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Adoption of Audited Standalone and Audited Consolidated Financial Statements for the year ended March 31, 2025, and reports of the Auditors and the Directors thereon.7 for0 against
1 abstained
- To declare dividend.7 for0 against
1 abstained
- To appoint a director in place of Mr. B R Ashok (DIN: 00415934), who retires by rotation and being eligible, offers himself for re-appointment.
Against quant Mutual Fund
- quant Mutual FundCompliant with the law. Performance concern: The financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past, including the Managing Director & CEO of the Bank.
6 for1 against1 abstained
- Appointment of Joint Statutory Auditors and fixation of their remuneration.
Against quant Mutual Fund
- quant Mutual FundNo concern on merit, competence, eligibility of proposed auditors. Non-compliance: Approval proposed for a term other than 3 years, which is non-compliant with R.B.I. Circular. Governance concern: Shareholders’ approval for 2 years for one of the joint auditors exceeds the period of R.B.I. approval. Although the bank cannot be held at fault, concern is being raised due to inconsistency in legal provisions.
0 for1 against1 abstained
- Appointment of Secretarial Auditors and fixation of their remuneration.
Against Groww Mutual Fund
- Groww Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR 2015: Basis of recommendation for appointment and credentials of proposed Secretarial Auditors not disclosed in the Notice, as required by law.
6 for1 against1 abstained
- Amendments to the Articles of Association of the Bank.7 for0 against
1 abstained
- Appointment of Mr. Raghavendra Srinivas Bhat (DIN: 11165725) as the Managing Director and CEO of the Bank.
Against quant Mutual Fund
- quant Mutual FundCompliant with the law. Performance concern: The financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past, including the Managing Director & CEO of the Bank.
6 for1 against1 abstained
- Re-appointment of Mrs. Uma Shankar (DIN: 07165728) as a Non – Executive, Independent Director.
Against quant Mutual Fund
- quant Mutual FundCompliant with the law. Performance concern: The financial performance of the bank has not been satisfactory and two senior Board members have suddenly tendered their resignations in the recent past, including the Managing Director & CEO of the Bank.
6 for1 against1 abstained
1 proposal not matched to one resolution
Appointment of (1) M/s. Ravi Rajan and Co. LLP, Chartered Accountants, (Firm Registration No. / LLP No. 009073N / N500320), New Delhi as one of the Joint Statutory Auditors of the Bank, to hold office from the conclusion of this Meeting till the conclusion of the One Hundred and Second (102nd) Annual General Meeting of the Bank at a fixed audit fees of Rs.1.50 crore (2) M/s. R.G.N. Price and Co., Chartered Accountants, (Firm Registration No. 002785S), Chennai, as one of the Joint Statutory Auditors of the Bank, to hold office from the conclusion of this Meeting till the conclusion of the One Hundred and Third (103rd) Annual General Meeting of the Bank at a fixed annual audit fee of Rs.1.50 crore for the FY 2025-26 and a fixed annual audit fee of Rs. 1.60 crore for the FY 2026-27, plus out of pocket expenses at actuals, per Statutory Auditor, per year, Certification fee of Rs. 30,000/- per certificate issued plus goods and services tax and such other tax(es) as may be applicable.MoreLess
Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual Fund"Appointment proposed for a term other than 3 years; Period of shareholder approval exceeds the period of RBI approval."
- Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on merit, competence, eligibility of proposed Auditors. Non-Compliance: Approval proposed for a term other than 3 years, which is non-compliant with RBI Circular. Governance Concern: Shareholders’ approval for 2 years for one of the Joint Auditors exceeds the period of RBI approval. Although the Bank cannot be held at fault, concern is being raised due to inconsistency in legal provisions.
3 for3 against
Mutual fund votes, meeting of 29 Jul 2025, 9 fund houses
- Re-appointment of Mr. Justice A. V. Chandrashekar (DIN: 08829073) as a Non-Executive, Independent Director of the Bank
Against quant Mutual Fund
- quant Mutual FundRelated to the re-appointment of Mr Justice A. V. Chandrashekar as Non-Executive, Independent Director. Compliant with the law. Performance concern: Two senior Board members have suddenly tendered their resignations in the recent past, including the Managing Director & CEO of the Bank.
7 for1 against1 abstained
- Re-appointment of Mr. Pradeep Kumar Panja (DIN: 03614568) as a Non-Executive, Independent Director of the Bank.8 for0 against
1 abstained
Mutual fund votes, meeting of 10 Sep 2024, 10 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Adoption of Audited Standalone and Audited Consolidated Financial Statements for the year ended March 31, 2024, and reports of the Auditors and the Directors thereon.9 for0 against
1 abstained
- To declare dividend on equity shares for the financial year ended March 31, 2024.9 for0 against
1 abstained
- Appointment of Mr. Sekhar Rao (DIN:06830595) as Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.9 for0 against
1 abstained
Appointment of M/s. Ravi Rajan & Co. LLP and M/s. R G N Price & Co. as Joint Statutory Auditors of the Bank for the year 2024-25 i.e., upto the conclusion of the 101st AGM and to fix their remuneration.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on merit, competence, eligibility of appointees. Non-Compliance: Approval proposed for only 1 year as approved by RBI although RBI itself has mandated appointment for continuous 3 years.
6 for3 against1 abstained
- Amendments to the Articles of Association of the Bank.9 for0 against
1 abstained
- Borrowing Powers1 for0 against
1 abstained
1 proposal not matched to one resolution
To borrow / raise funds (including but not limited to BASEL III Compliant AT 1 / Tier 2 debt instruments), in one or more tranches, in Indian / foreign currencies in domestic and / or overseas markets, not exceeding in aggregate Rs.10,000 Crore over and above the aggregate of the paid-up capital of the Bank and free reserves and the securities premium at any time.MoreLess
8 for0 against
Mutual fund votes, meeting of 27 Feb 2024, 8 fund houses
- To Issue, Offer and Allot Equity Shares of the Karnataka Bank Limited on a Preferential basis.8 for0 against
- To approve raising of funds in one or more tranches through permitted means.8 for0 against
- To appoint Mr. Harish Hassan Visweswara (DIN: 08742808) as an Independent Director of the Bank for a term of five consecutive years with effect from 01.02.2024.8 for0 against
Mutual fund votes, meeting of 24 Oct 2023, 6 fund houses
- To Issue, Offer and Allot Equity Shares on a Preferential Basis.6 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 9 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 10 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out
7 more
- Fine or penaltyReserve Bank of IndiaSince 10 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 10 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 10 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 17 Sep 2026₹10,000
Penalty amount of Rs 10,000 levied by the RBI
ATM cash out - Fine or penaltyReserve Bank of IndiaSince 12 Aug 2026₹50
Penalty amount of Rs 50 levied by the RBI
REMITTANCE SHORTAGE PENALTY - Fine or penaltyReserve Bank of IndiaSince 12 Aug 2026₹500
Penalty amount of Rs 500 levied by the RBI
COUNTERFEIT IN CC REMITTANCE PENALTY - Fine or penaltyReserve Bank of IndiaSince 12 Aug 2026₹250
Penalty amount of Rs 250 levied by the RBI
MUTILATED IN CC REMITTANCE PENALTY
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.