Karnataka Bank conducts walkathon for creating banking awareness among public

Karnataka Bank conducts walkathon for creating banking awareness among public

Mangalore Today News Network

Mangaluru, Dec 09, 2017: Karnataka Bank today conducted a walkathon under the leadership of Shri. Mahabaleshwara M.S, MD & CEO, of the Bank, at Mangaluru City.

Though the country has completed more than 7 decades of independence, forty percent of population is still not covered under formal banking system. This march is conducted to promote Honourable Prime Minister’s mission to provide banking facility to all the citizens of the country especially un-banked population in remote villages and rural areas and thus realise financial inclusion in its true sense. Speaking on the occasion Shri Mahabaleshwara M.S, MD & CEO, said “The major objectives of today’s road show are to promote financial literacy, popularise customer friendly products of the Bank, convey the importance of savings habit and create awareness about the safety measures to be adopted in digital banking, etc.

 The road show assumes significance in the context of demonetization and digitalization drive launched by Govt. of India. Bank is fast moving into the next generation of banking, offering the best products in line with latest developments happening in the digital technology space to on-board the unbanked sections of the society.  We are sure that this initiative will help in increasing the financial awareness among public and contribute towards strengthening the economy of the country. The initiative will be replicated in other major cities of the country in the months to follow”.

The road show was flagged off at Bank’s Mangaluru Regional Office building at Kodialbail jointly by Shri Jayarama Bhat, Chairman and Shri Mahabaleshwara M.S, Managing Director & CEO of the Bank.


Speaking after flagging off the march, Shri Jayarama Bhat said “Major share of the branches of the Bank are located in villages and rural areas. The Bank has always treated it as its responsibility to offer banking services to rural population. Bank today enjoys the trust of its customers due to the consistent support that it has extended to them over the years. We hope to strengthen this bond with various customer centric initiatives. We believe that this march is a “Walk towards our Customers”. I wish all the best to this initiative.”


Shri P. R. Karanth, General Secretary, All India Karnataka Bank Employees’ Association (AIKBEA), top executives of the Bank and around 700 staff members of the Bank working in different offices of the Bank at Mangaluru took part in the road rally by holding placards carrying messages promoting awareness about various aspects of general banking from the Regional Office of Mangaluru at Kodialbail to the Head Office of Bank at Pumpwell covering major points of the city viz, Hampankatta, Balmatta and Kankanady.