Karnataka Bank launched Trade Konnect, a new digital platform enabling customers to submit requests for import, export, and outward cross-border remittance transactions online. The initiative aims to eliminate physical branch visits by providing a seamless digital channel for forex and remittance needs.

The platform was formally inaugurated by Raghavendra S Bhat, Managing Director & CEO, through a virtual ceremony at the bank's head office in Mangaluru. The launch aligns with the bank's broader strategy to accelerate digital transformation and enhance customer experience in international banking services.

Platform capabilities and strategic focus

Trade Konnect is designed to support businesses engaged in international trade and individuals undertaking foreign remittances. By digitizing these processes, the bank intends to improve the ease of doing business and provide secure, efficient access to cross-border financial services anytime and anywhere.

Raghavendra S Bhat stated that the implementation of this platform is a significant step toward enhancing customer convenience. He emphasized that the digital approach prioritizes value addition for customers by simplifying complex forex transaction submissions.

Leadership commentary

Bijji S S, Executive Director, highlighted the bank's focus on leveraging technology to make banking simpler and more accessible. She noted that the platform reinforces the vision of delivering an enhanced digital banking experience by providing a convenient way to submit key cross-border trade and remittance requests.

Launch event details

The virtual launch ceremony was attended by senior executives including Chandrashekar, Chief Business Officer, and Raja B. S., Chief Operating Officer. Jai Shah, Co-Founder & Director-Sales of Kyzer Software (India) Pvt. Ltd., the technology partner for the platform, was also present.

Karnataka Bank Ltd has re-confirmed M/s. Integrated Registry Management Services Private Limited as its Registrar and Share Transfer Agent (RTA). This disclosure was made to comply with continuous disclosure norms under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing, dated October 7, 2026, reiterates the appointment of Mr. Sham K as the Company Secretary and Compliance Officer, effective February 27, 2023. The bank submitted this information to both the National Stock Exchange of India Limited and BSE Limited for record and dissemination.

Regulatory Compliance Details

The disclosure is made pursuant to Regulations 6(1) and 7(1) of the SEBI (LODR) Regulations, 2015. These regulations mandate listed entities to maintain accurate records of their compliance officers and share transfer agents to ensure transparency in corporate governance.