Karnataka Bank’s gross advances stood at Rs 60,967.57 crore (Provisional) as of September 30, 2022 (Q2FY23), a growth of 10.09% to Rs 55,378.17 crore as of September 30, 2021. The Bank’s CASA deposits aggregated to Rs 26,790.36 crore (Provisional) as of September 30, 2022, a growth of 12.78% to Rs 23,755.08 crore as of September 30, 2021.
Aggregate deposits grew 6.13% to Rs 81,628.97 crore (Provisional) as of September 30, 2022, as compared to Rs 76,916.79 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 80,380.81 crore as of March 2022.
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.
