Karnataka Bank, one of the leading private sector banks of India, has launched the ‘e-Lobby 24X7 banking services’ at three locations in Bengaluru. ‘e-Lobby’ provides essential banking facilities under one roof through self-service automation kiosks. The bank has planned to extend the ‘e-Lobby’ services to another 21 locations across India soon.
The bank has registered a marginal gain of 0.22% in its net profit at Rs 106.94 crore for third quarter ended December 31, 2014 under review as compared to Rs 106.70 crore for the same quarter in the previous year. Total income of the bank has increased 17.09% at Rs 1364.69 crore for Q3FY15 as compared Rs 1165.54 crore for the corresponding quarter previous year.
Gross non-performing assets (NPAs) improved to 3.44% in the October- December quarter as against 3.65% in the same quarter previous year, while net NPAs stood at 2.41%.
