Mangaluru, July 20,2017: “There is a need to continue to adapt to the desirable changes especially in digital realm so as to be a trend setter and pass on a secured digital experience to our valued customers, said Mahabaleshwara M S, Managing Director & CEO of Karnataka Bank, addressing the banks Regional Heads’ Quarterly review conference in Mangaluru on Thursday, July 20.
He further said, the fundamentals of the economy are showing signs of improvement and it is hoped that going forward there is likely uptick in the credit flow from the banks and armoured with new legislative backup by way of IBC and smooth implementation of GST, Bank is going to be benefitted and poised to post better performance.
’Having set the right tone by posting encouraging results in advances front and the consequent increase in operating profit and CD Ratio, Bank is all poised to take a big leap in business in the remaining months of the current fiscal” he said.
Raghavendra Bhat M, Chief General Manager delivered the welcome and introductory address. Y V Balachandra, General Manager, made a presentation on business performance of the Bank during the period ended 30th June 2017. Chandrashekar Rao B, Subhaschandra Puranik, Muralidhar Krishna Rao and Nagaraja Rao B, General Managers were also present on the occasion.
All the Regional Heads from across the country, Departmental Heads and other senior executives at the Bank’s Head Office and International Division - Mumbai participated in the conference.
Sharath Chandra Holla P, Assistant General Manager, proposed the vote of thanks.