Karnataka Bank reported a 6.94% year-on-year increase in total deposits, reaching ₹110,411.54 crore for the quarter ended June 30, 2026. Gross advances surged 16.59% to ₹86,590.11 crore, driven by credit expansion. The bank's Current Account Savings Account (CASA) deposits rose 12.46% to ₹35,802.48 crore, comprising 32.43% of total deposits.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The figures are provisional and subject to a limited review by the statutory auditors.

Business Performance

The bank's deposit base showed sequential growth, rising 1.50% from the ₹108,778.75 crore recorded at the end of March 31, 2026. However, the share of CASA to total deposits declined by 118 basis points quarter-on-quarter to 32.43%, despite the annual increase of 159 basis points from 30.84% in the prior year.

Gross advances grew 3.90% on a quarter-on-quarter basis, up from ₹83,339.92 crore in the previous quarter. The financial statements along with the limited review report are expected to be published in due course.

Key Business Parameters

Karnataka Bank Ltd has re-confirmed the appointment of Mr. Sham K as its Company Secretary and Compliance Officer, effective February 27, 2023. The disclosure was submitted to stock exchanges pursuant to Regulations 6(1) and 7(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This re-appointment ensures continuity in the bank's compliance and secretarial functions.

Mr. Sham K holds the Associate Company Secretary (ACS) number 25841. The bank confirmed that M/s. Integrated Registry Management Services Private Limited continues to serve as its Registrar and Share Transfer Agent, responsible for maintaining shareholder records and managing share transfers.

Key Appointments

The following table summarizes the key appointments disclosed by the bank: