Karnataka Bank holds annual auditors conference to strengthen governance
Karnataka Bank organized its Annual Conference of Concurrent Auditors and Internal Auditors for FY 2026-27 on May 20, 2026, under the theme 'Anticipate, Strengthen, Prevent'. The hybrid event aimed to enhance risk management, regulatory compliance, and internal control practices. Senior management, including the MD & CEO and Audit Committee Chairman, emphasized the critical role of auditors in ensuring transparency and sustainable growth.

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Karnataka Bank successfully organized its Annual Conference of Concurrent Auditors and Internal Auditors for the Financial Year 2026-27 at its Centenary Building in Mangaluru on May 20, 2026. The event was conducted in a hybrid mode under the theme "Anticipate, Strengthen, Prevent", facilitating participation from auditors and bank officials across the country. This conference served as a platform to discuss strengthening audit practices, enhancing risk management, ensuring regulatory compliance, and sharing best practices in internal control and governance.
The proceedings were presided over by Shri K. Gururaj Acharya, Chairman of the Audit Committee of the Board. Shri Raghavendra S. Bhat, Managing Director & CEO of Karnataka Bank, addressed the participants and emphasized the critical role of auditors in promoting transparency, accountability, and sustainable growth. The event also featured insights from Special Guest Shri M. R. Venkatesh, Chartered Accountant and Advocate, who shared perspectives on emerging challenges in the audit and regulatory landscape.
Key Speakers and Participants
The conference saw the participation of several key figures who highlighted the importance of a robust audit framework. Guest Speaker Shri Nandan Rao Iddya, Chartered Accountant, shared his insights on evolving audit practices and governance standards. Additionally, Shri Jayanagaraja Rao S., Head of Internal Audit and Chief of Internal Vigilance, addressed the gathering to underline the significance of audit frameworks in supporting the bank's growth and compliance objectives.
| Designation | Name |
|---|---|
| Chairman of the Audit Committee of the Board | Shri K. Gururaj Acharya |
| Managing Director & CEO | Shri Raghavendra S. Bhat |
| Special Guest | Shri M. R. Venkatesh |
| Guest Speaker | Shri Nandan Rao Iddya |
| Head of Internal Audit and Chief of Internal Vigilance | Shri Jayanagaraja Rao S. |
The event witnessed enthusiastic participation from concurrent auditors, internal auditors, Regional Heads, Deputy Regional Heads, and Branch Heads from various locations across India. The presence of the bank's top management and senior officials reaffirmed the institution's commitment to robust governance, effective risk management, and a strong audit framework.
Historical Stock Returns for Karnataka Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.62% | -2.17% | -0.99% | +25.68% | +34.40% | +318.16% |
How will the 'Anticipate, Strengthen, Prevent' theme influence Karnataka Bank's specific risk management strategies in the upcoming fiscal year?
What new regulatory challenges identified by Shri M. R. Venkatesh are likely to impact the bank's compliance framework the most?
How does the bank plan to integrate emerging audit technologies discussed during the conference to enhance internal control efficiency?


































