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Karnataka Bank planning to augment capital through Basel III compliant Tier II instruments

17 Mar 2022 Evaluate

Karnataka Bank is planning for augmenting the capital through Basel III compliant Tier II instruments. A meeting of the Board of Directors of the Bank has been scheduled on March 22, 2022, to consider 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.

Peers
Company Name CMP
HDFC Bank 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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