Karnataka Bank wins Indian Banks' Association Technology Award

In a function held recently at Mumbai, Karnataka Bank is awarded with the prestigious "Best Technology Talent - Runner Up" award at the 18th IBA annual Technology Conference, Expo & Awards 2022, conferred by Indian Banks' Association (IBA).
Expressing his satisfaction, Shri Mahabaleshwara M.S, MD & CEO, said "Digital is the way forward and under wave 2.0 of the Bank's Transformation journey, 'KBL VIKAAS', Bank has placed digital banking on fast forward mode and 'KBL NxT' concept launched in the year 2021 with an objective to eventually emerge as the 'Digital Bank of Future'. As part of 'KBL NxT' journey, Bank has implemented latest technology for enabling digitization under various verticals viz. Customer Experience, Operations, Human Resources, Technology, Cyber Security, Digital Marketing, Partnerships etc. The digital transformation has started paying huge dividend to the Bank and this national level recognition by Indian Banks' Association, Mumbai, is a testimony for the robustness of the digital transformation of KBL".

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 156.90 as compared to the previous close of Rs. 156.50. The total number of shares traded during the day was 294513 in over 3482 trades.

The stock hit an intraday high of Rs. 159.00 and intraday low of 154.90. The net turnover during the day was Rs. 46220690.00.

Source : Equity Bulls

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TheKarnatakaBank INE614B01018 BestTechnologyTalent RunnerUp 18th IBAAnnualTechnologyConference