Karnataka Bank inaugurates Technology & Digital Hub at Bengaluru

Private sector lender Karnataka Bank today inaugurated a state of the art 'Technology & Digital Hub' at Artisane RPS Tech Centre, Bengaluru consolidating all its tech and digital operations under one roof spearheading development/ innovation as well as the execution side also.

Inaugurating the new centre, Shrj Pradeep Kumar, Chairman said, "the newly opened Technology & Digital Hub will be a game changer in accelerating the growth journey of the Bank as we celebrate the Centenary Year of the Bank. While strengthening the hands of brick and mortar branches, thls new technology nerve centre will open up new channels of sourcing business and servicing the Nxt Gen customers."

Speaking on the occasion, Shri Srikrishnan H, Managing Director & CEO said, "Our new Technology & Digital Hub will drive the next level of automation and digitization, harnessing the power of computing and analytics. Effectively we will end up increasing the bandwidth for business acquisition, service delivery and ability to partner with fintechs and start-ups."

Also present on the occasion were Shri Sekhar Rao, Executive Director, Shri Justice A.V. Chandrashekar, Smt. Uma Shankar, Dr. D.S. Ravindran, Shri Balakrishna Alse S, Shri Jeevandas Narayan, Shri K. Gururaj Acharya, Directors, Shri Balachandra Y V, Chief Operating Officer, Shri Gokuldas Pai, Chief Business Officer and Shri Ananthapadmanabha B, General Manager & Chief Technology Officer.

Shares of The Karnataka Bank Limited was last trading in BSE at Rs. 200.20 as compared to the previous close of Rs. 188.20. The total number of shares traded during the day was 1639509 in over 8147 trades.

The stock hit an intraday high of Rs. 204.75 and intraday low of 188.40. The net turnover during the day was Rs. 326064361.00.

Source : Equity Bulls

Keywords

TheKarnatakaBank INE614B01018 Technology DigitalHub Inauguration ArtisaneRPSTechCentre Bengaluru