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Karnataka Bank advances jump nearly 25% in Q2, deposits rise 12%

1 source · first seen 16:04 1 Oct · updated 16:04 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Karnataka Bank's gross advances grew nearly 25% year-on-year in the September quarter
  • Deposits rose 12%, while CASA deposits also increased
  • Faster loan growth supports Karnataka Bank’s lending outlook, though advances outpaced deposit growth

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1 report · earliest 16:04
CNBC-TV18Karnataka Bank advances jump nearly 25% in Q2, deposits rise 12%16:04