Karnataka Bank’s gross advances have aggregated to Rs 56655.16 crore as of December 31, 2021(Q3FY22), a growth of 4.87% to Rs 54026.39 crore as of December 31, 2020 and a growth of 1.90% to Rs 55601.22 crore as of September 30, 2021.
The Bank’s CASA deposits aggregated to Rs 24549.40 crore as of December 31, 2021, a growth of 10.59% to Rs 22198.77 crore as of December 31, 2020 and a growth of 3.35% to Rs 23755.08 crore as of September 30, 2021. The Core Deposits grew by 6.27% Year on Year while sequential growth over September 2021 is at 1.96%.
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.
