KARNATAKA BANK – RTN asia

Karnataka Bank to distribute Bharti Axa products

2019-04-022019-04-02 | Soumya Thomas

Mangalore-headquartered Karnataka Bank on Tuesday said it has agreed to distribute insurance products from Bharti Axa General Insurance Ltd. The private sector bank will provide a wide range of life insurance products of Bharti Axa Insurance to its customers across all its 836 branches. “The partnership is an important part of our growth strategy, which […]

SWIFT IMPLEMENTATION: Karnataka Bank gets Rs 4 cr fine from RBI

2019-03-042019-03-04 | Soumya Thomas

A day after it imposed monetary penalty of Rs 7 crore on four PSU banks, the Reserve Bank on Monday slapped a fine of Rs 4 crore on Mangaluru-headquartered Karnataka Bank for delays in the implementation of new controls relating to the SWIFT system of international payments. The private sector lender was one of the […]