Karnataka Bank Ltd

BANKING


Inauguration of Refurbished Premises of Karnataka Bank Ltd, International Division.

As part of modernization, Mangalore based private sector Karnataka Bank inaugurated its Refurbished own premises of International Division, at Raheja Centre, Nariman Point, Mumbai on 8th January, 2013. The programme was inaugurated by lighting of the lamp by Shri. Ananathakrishna, Chairman accompanied by Shri. P.Jayarama Bhat, Managing Director, Shri.U.R.Bhat, Director of the Bank Shri.T.R.Chandrashekaran, Director of the Bank, Shri.Jairama Hande, General Manager and CFO, Shri.M.V.C.S.Karanth, General Manager,  and Dr.Meera Laetitia.B.Aranha, General Manager.
Shri.Jairama Hande, General Manager and CFO welcomed the guests. Shri U.R.Bhat, Director and Shri.T.R.Chandrashekaran, Director spoke on the occasion.
Shri.P.Jayarama Bhat, Managing Director and CEO of the Bank in his speech informed that the Bank is working towards achieving the export credit target of 12 per cent of NBC. He also informed that at present the turnover of the Bank is Rs.58000 crore and the Bank is aiming to cross a turnover of Rs.100000 Crores by 2015. He also stated that Bank is set to increase the branch strength from 518 to 550 by March 2013.
Shri.Ananathakrishna, Chairman in his speech highlighted the history of the International Division since its inception. He also emphasized the need for growing big and strong in the current scenario.
Many representatives of correspondent Banks, Treasury broking firms and agency services graced the occasion.
Shri.Suresh.K, Assistant General Manager, International Division, proposed the vote of thanks.

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