Karnataka Bank Senior Management Change: Venkateswarlu Mallineni Resigns as Head of Liabilities Sales, Third-Party Products and Government Business

1 min read     Updated on 16 May 2026, 06:34 PM
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AI Summary

Karnataka Bank disclosed the resignation of Mr. Venkateswarlu Mallineni, Head of Liabilities Sales, Third-Party Products and Government Business, effective from the close of business hours on 16.05.2026. The resignation was submitted on personal grounds vide letter dated 04.05.2026. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, by Company Secretary and Compliance Officer Sham K. Mr. Venkateswarlu Mallineni, who held the designation of General Manager with Employee Number 15561, ceases to be a Senior Management Personnel of the bank with effect from 16.05.2026.

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Karnataka Bank has informed the stock exchanges of a change in its Senior Management Personnel, pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Venkateswarlu Mallineni, who held the position of Head of Liabilities Sales, Third-Party Products and Government Business, has resigned from the services of the bank on personal grounds. His resignation, submitted vide letter dated 04.05.2026, became effective from the close of business hours on 16.05.2026.

Senior Management Resignation Details

The disclosure was filed by Sham K, Company Secretary and Compliance Officer of Karnataka Bank, in compliance with SEBI Master Circular No.: SEBI/HO/49/14/14(7) 2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The key details of the change in Senior Management, as furnished in the regulatory annexure, are as follows:

Parameter: Details
Name: Mr. Venkateswarlu Mallineni
Designation: Head of Liabilities Sales, Third-Party Products and Government Business
Reason for Change: Resignation
Resignation Letter Date: 04.05.2026
Effective Date of Cessation: Close of business hours on 16.05.2026
Grounds: Personal

With effect from the close of business hours on 16.05.2026, Mr. Venkateswarlu Mallineni ceases to be a Senior Management Personnel of Karnataka Bank.

Resignation Letter Highlights

In his resignation letter addressed to the Managing Director and CEO of Karnataka Bank, Mr. Venkateswarlu Mallineni cited personal grounds as the reason for his departure. He expressed gratitude for the opportunity to serve the institution and acknowledged the guidance and support extended by the management throughout his tenure. He also requested to be relieved from his duties at the earliest convenience. Mr. Venkateswarlu Mallineni held the designation of General Manager and carried Employee Number 15561 at the time of his resignation.

The copy of the resignation letter dated 04.05.2026, along with the detailed reason, has been enclosed with the regulatory filing submitted to the National Stock Exchange of India Limited and BSE Limited.

Historical Stock Returns for Karnataka Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%-7.76%+2.14%+41.38%+18.50%+271.75%

Who will Karnataka Bank appoint as the successor to lead Liabilities Sales, Third-Party Products and Government Business, and what qualifications will they prioritize?

How might the departure of a General Manager overseeing government business and third-party products impact Karnataka Bank's revenue streams and strategic partnerships in the near term?

Does this resignation signal a broader trend of senior talent attrition at Karnataka Bank, and could it affect investor confidence in the bank's management stability?

Karnataka Bank Schedules Q4FY26 Earnings Audio Conference Call for May 20, 2026

1 min read     Updated on 13 May 2026, 04:52 AM
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Karnataka Bank has announced an earnings Audio Conference Call for analysts and institutional investors on Wednesday, May 20, 2026 at 4:00 PM IST, to discuss audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The call offers universal dial-in access and international toll-free numbers across 12 countries. Post-call, the analyst presentation, audio recording, and transcript will be filed with stock exchanges and hosted on the bank's website.

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Karnataka Bank has announced the scheduling of an earnings Audio Conference Call with analysts and institutional investors on Wednesday, May 20, 2026 at 4:00 PM IST, pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III A (15) thereof. The announcement was made via a secretarial communication dated May 12, 2026, referencing an earlier letter regarding the convening of a Board Meeting to consider the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

Conference Call Details

The call is structured exclusively for analysts and institutional investors and will be conducted in a dial-in audio conference format. The key details of the conference call are summarised below:

Parameter: Details
Event Type: Analysts / Institutional Investors Meet
Mode: Audio Conference Call
Date: Wednesday, May 20, 2026
Time: 4:00 PM IST
Eligible Participants: Analysts / Institutional Investors only
Platform: Dial-in Conference Call

Dial-In Access Information

Participants may register in advance via the early registration link provided by the bank. Universal dial-in access is available at +91-22-6280-1579 / +91-22-7115-8393. International toll-free numbers have been provided for participants across multiple geographies, as detailed below:

Country: Toll-Free Number
Hong Kong: 800964448
Singapore: 8001012045
UK: 08081011573
USA: 18667462133
Canada: 01180014243444
Australia: 0080014243444
Italy: 0080014243444
Germany: 0080014243444
France: 0800914745
Japan: 00531161110
China: 4008428405
Netherlands: 08000229808

Post-Call Disclosures

Following the declaration of financial results, Karnataka Bank has stated that the analyst presentation, audio recording of the meeting, and the transcript will be filed with the stock exchanges and hosted on the bank's official website. The bank has also noted that only information available in the public domain will be shared with analysts and institutional investors during the call. The communication was signed by Sham K, Company Secretary & Compliance Officer of Karnataka Bank.

Historical Stock Returns for Karnataka Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%-7.76%+2.14%+41.38%+18.50%+271.75%

How might Karnataka Bank's FY2026 annual results compare to its peers in the mid-sized private banking sector, and what key metrics like NIM and asset quality trends should investors watch for?

Given Karnataka Bank's regional focus in South India, how could evolving credit demand in Karnataka and neighboring states influence its loan book growth trajectory in FY2027?

Will Karnataka Bank's management provide any forward guidance on capital adequacy or fundraising plans during the earnings call that could signal future expansion or consolidation moves?

More News on Karnataka Bank

1 Year Returns:+18.50%