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Karnataka Bank starts functioning of two digital banking units

17 Oct 2022 Evaluate

Karnataka Bank has started functioning of its two Digital Banking Units (DBU) as part of the 75 DBUs of various Banks dedicated to the Nation. The 2 DBUs of Karnataka Bank have started functioning at Airport Road, Yeyyadi, Mangaluru and Vijayanagara 1st Stage, Mysuru.

The DBUs provide banking products and services to customers in Self Service as well as assisted (digital) mode in an efficient, paperless, secured and connected environment. The DBUs shall also promote financial inclusion and digital banking literacy in the district concerned.

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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