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Karnataka Bank jumps on launching KBL Finsurance

03 Aug 2026 Evaluate

The Karnataka Bank is currently trading at Rs. 293.40, up by 8.40 points or 2.95% from its previous closing of Rs. 285.00 on the BSE.

The scrip opened at Rs. 287.85 and has touched a high and low of Rs. 294.15 and Rs. 286.15 respectively. So far 106303 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 295.50 on 31-Jul-2026 and a 52 week low of Rs. 169.05 on 28-Aug-2025.

Last one week high and low of the scrip stood at Rs. 295.50 and Rs. 275.75 respectively. The current market cap of the company is Rs. 11080.41 crore.

The Institutions and Non-Institutions held 28.85% and 71.15% stake in the company, respectively.

Karnataka Bank has launched KBL Finsurance, a comprehensive digital portal designed to streamline the creation, tracking and monitoring of insurance business leads across its branch network. The project launch marks a significant milestone in the Bank's digital transformation journey and is powered by SprintMoney a fintech company providing a comprehensive suite of white-labelled digital solutions to banks and financial institutions.

Its portfolio includes SprintCRM, an AI-powered Customer Relationship Management (CRM) solution; a Digital Wealth Suite; a Relationship Management Module; a Platform for Secured Lending against Shares, Mutual Funds and Insurance Policies; and its Digital Insurance Suite, a comprehensive platform that enables end-to-end digitization of insurance distribution.

The KBL Finsurance Portal empowers branch personnel with real-time capabilities to generate and track insurance leads, monitor policy status, access business management information system (MIS) reports. To enable seamless integration with insurance partners, Karnataka Bank has tied up with SprintMoney (Wildflower Business Services), which has facilitated integration of Bank with tied up insurance companies through KBL Finsurance platform.

Karnataka Bank has developed comprehensive range of customized products & services suitable for every kind of market, trade or perceived need - Business or Personal.

Karnataka Bank Share Price

310.00 3.45 (1.13%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 732.00
ICICI Bank 1422.00
Axis Bank 1238.00
Kotak Mahindra Bank 392.00
Indusind Bank 1025.00
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