Karnataka Financial institution to supply private loans on ONDC

Karnataka Financial institution has mentioned that it’s going to provide private loans on ONDC (Open Community for Digital Commerce). This, based on a media assertion, makes Karnataka Financial institution the primary financial institution to supply such service. The financial institution shall be providing private loans by purchaser apps on the ONDC community, which is able … Read more

Karnataka Financial institution companions with Navi to launch ‘Credit score Line on UPI’

Karnataka Financial institution has introduced the launch of ‘Credit score Line on UPI’. The financial institution might be providing ‘Credit score Line on UPI’ by means of a partnership with Navi (a monetary companies firm). That is at the moment provided to a closed group of choose customers who’re pre-qualified for the product, and it … Read more

Karnataka Financial institution This fall Outcomes: Internet revenue declines 22.48%; proposes 55% dividend

Karnataka Financial institution Ltd recorded a web revenue of ₹274.24 crore within the fourth quarter of 2023-24 in opposition to a web revenue of ₹353.75 crore within the corresponding interval of the earlier fiscal, registering a decline of twenty-two.48 per cent. Additionally learn: Karnataka Financial institution companions with FISDOM A media assertion stated that the … Read more

Karnataka Financial institution approves problem of two.64 crore fairness shares to eligible certified institutional patrons

Karnataka Financial institution Ltd has authorized the problem and allotment of two,64,31,718 fairness shares to 25 eligible certified institutional patrons. Additionally learn: Karnataka Financial institution opens 15 new branches, revamps web site The financial institution knowledgeable the inventory exchanges on Thursday that the assembly of the committee of administrators of the financial institution authorized the … Read more

Karnataka Financial institution inks pact with Digivriddhi to supply monetary providers to dairy farmers

  Mangaluru Karnataka Financial institution has partnered with fintech firm Digivriddhi (DGV) to supply monetary providers catering to the wants of dairy farmers and milk societies. The providers can be made accessible at village dairy co-operative societies related to milk unions of Karnataka Milk Federation (KMF). To start with, the providers at the moment are … Read more