Karnataka Bank has reached a new high of business by surpassing the total business turnover of Rs 1.10 lakh crore as on March 31, 2018. Aiming to further consolidate its position the Bank is targeting a business turnover of Rs 1,30,000 crore comprising of Deposits of Rs 72,000 crore and Advances of Rs 58,000 crore for the financial year 2018-19.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.