SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Karnataka Bank gets nod to raise Rs 800 crore via Bonds

06 Sep 2018 Evaluate

Karnataka Bank has received an approval for the proposal for augmenting the capital funds of the Bank through issue of Non Convertible lower Tier 11 subordinated Bonds in accordance with the RBI's New Capital Adequacy Framework Guidelines to the tune of Rs 800 crore in one or more tranches under private placement basis.

The Board of Directors of the company at their meeting held on September 5, 2018, approved the same.

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.

Karnataka Bank Share Price

244.90 -5.80 (-2.31%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 784.50
ICICI Bank 1347.75
Axis Bank 1369.55
Kotak Mahindra Bank 370.40
Indusind Bank 860.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×