Karnataka Bank has appointed Parthasarathi Periaswamy as an Additional Director in the category of Non-Executive Independent Director, effective July 29, 2026. The appointment strengthens the bank’s board with a senior technology leader who possesses over three decades of experience in cybersecurity and financial regulation. This move is designed to bolster the bank’s digital initiatives and governance framework amidst increasing regulatory scrutiny on financial technology infrastructure.

The appointment is subject to shareholder approval under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable provisions of the Companies Act, 2013. The term of office is four years. The bank confirmed that Mr. Periaswamy is not related to any existing directors and is not debarred from holding office by any regulatory authority. The filing was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, and was signed by Sham K Kanathila, the Company Secretary & Compliance Officer.

Profile Clarifications

The updated profile filed with the National Stock Exchange of India Limited and BSE Limited on July 30, 2026, provides clarity on Mr. Periaswamy’s professional background. It specifies that he was formerly a Consultant to the RBI Innovation Hub, rather than currently serving in that capacity. It also details his tenure as a Board Member of Indian Financial Technology and Allied Services (IFTAS), an RBI subsidiary, which spanned from 2019 to 2021.

Experience and Expertise

Mr. Periaswamy’s career includes pivotal roles in shaping national cybersecurity frameworks. As the former Chief Information Security Officer and Chief General Manager (IT) at the Reserve Bank of India, he modernized mission-critical infrastructure and advised private sector banks on cybersecurity governance and crisis management. His expertise extends to strengthening resilience across the banking ecosystem.

Governance Impact

During his tenure as Chief Technology Officer at the Institute for Development and Research in Banking Technology (IDRBT), Mr. Periaswamy directed IT infrastructure and the national threat intelligence platform (IB CART). He convened the CISO Forum and organized national cyber drills to foster preparedness among banks. His ability to bridge technology, regulation, and strategy is expected to aid Karnataka Bank in advancing organizational resilience and regulatory technology.

Karnataka Bank Ltd. has disclosed its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The bank submitted the disclosure to the National Stock Exchange of India Limited and BSE Limited on July 30, 2026, in compliance with regulatory requirements. The filing includes the audio recording of the post-earnings analysts and institutional investors meeting held on the same day at 04.00 PM IST.

The disclosure was made pursuant to Regulation 30 (4) read with Clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, under Regulation 46 of the same regulations, the bank provided access to the audio recording via its official website. This ensures transparency and allows investors to review management’s commentary on the quarterly performance.

Key Details

Sham Kanathila, Company Secretary & Compliance Officer, signed the submission. The audio recording can be accessed from the bank’s investor relations page at https://karnatakabank.bank.in/investors/quarterly-results . The bank’s registered office is located at Mahaveera Circle, Kankanady, Mangaluru.

What the Numbers Show

While the specific financial metrics such as net profit, revenue, or EBITDA are not detailed in this disclosure notice, the release of unaudited results marks the completion of the reporting cycle for Q4FY26. Investors are advised to refer to the full financial statements and the earnings call transcript for granular data on asset quality, credit growth, and profitability trends.