Karnataka Bank has reported results for first quarter ended June 30, 2024 (Q1FY25).
The bank has reported 7.99% rise in its net profit at Rs 400.33 crore for the quarter ended June 30, 2024 as compared to Rs 370.70 crore for the same quarter in the previous year. Total income of the bank increased by 12.02% at Rs 2,557.00 crore for Q1FY25 as compared to Rs 2,282.58 crore for the corresponding quarter previous year.
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.
