Karnataka Bank wins 3 National Digital Transformation Awards

In a function held a t New Delhi on 18.10.2022, Karnataka Bank is awarded with the prestigious National Digital Transformation Awards 'DX 2022 Awards' conferred by Confederation of Indian Industry [CII] for Best Practice in Digital Transformation under BFSI segment in recognition of the "Innovative Excellence" in tlu·ee categories viz. 'KBL HR NxT - Employee Engagement', 'KBL Operations NxT - Operational Excellence' and 'KBL Customer NxT - Customer Experience'.

Expressing his satisfaction, Shri Mahabaleshwara M.S, MD & CEO, said " the wholistic transformation journey 'KBL VIK.AAS', Launched by the Bank in the year 2017, has built a strong foundation for digital transformation. As digital is the way forward, under wave 2.0 of 'KBL VIK.AAS', Bank has placed digital banking on fast forward mode and 'KBL NxT' concept was law1ehed in the year 2021 with an objective to eventually emerge as the 'Digital Bank of Future'". In 'KBL NxT' journey, Bank is focussing on digitization under various verticals viz. Customer Experience, Operations, Human Resources, Technology, Cyber Security, Digital Marketing, Parmerships etc. and digital h·ansformation has started p aying huge dividend to the Bank. It will continue to be a win-win situa tion both for customer and the Bank. In this connection, I also laud the efforts of IT and Transformation Teams of the Bank".

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 89.80 as compared to the previous close of Rs. 86.65. The total number of shares traded during the day was 278123 in over 3427 trades.

The stock hit an intraday high of Rs. 90.55 and intraday low of 84.60. The net turnover during the day was Rs. 24467495.00.

Source : Equity Bulls

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