Is it good to work in Karnataka Bank?

Very lucky to work at Karnataka Bank Good culture, guidance at any time, homely atmosphere. Exposure to all the departments. Seniors are very helpful in guiding and junors are active. Employees are made to believe, that the Bank is of their own.

Which is the No 1 bank in Karnataka?

The scheduled banks in Karnataka had total deposit of Rs. 1346.99 billion constituting 6.4\% of the total deposits in scheduled banks in India as of March 2006. The credit given by these banks stood at Rs. 1034.55 billion, 6.8\% of total credit given by scheduled banks.

What is the salary of Karnataka Bank officer?

Average Karnataka Bank Probationary Officer salary in India is ₹ 7.2 Lakhs for employees with experience between 2 years to 5 years. Probationary Officer salary at Karnataka Bank ranges between ₹ 6 Lakhs to ₹ 8.3 Lakhs. Salary estimates are based on 5 salaries received from various employees of Karnataka Bank.

Is Karnataka Bank a safe bank?

Mangaluru head-quartered Karnataka Bank on Wednesday said it is well capitalised, fundamentally strong bank and depositors need not worry about safety of their money. “We have been consistently maintaining CRAR above the minimum prescribed by the RBI as well as the bank’s internal policy.

Why Karnataka Bank shares are falling?

New Delhi: Shares of Karnataka Bank tanked as much as 9 per cent during the early trade on Thursday as the net interest income (NII) declined and gross non performing assets (NPA) surged during the March quarter. However, the net profit of the private lender grew 15 per cent.

What is in hand salary of Karnataka Bank PO?

The in-hand salary that a Karnataka Bank PO would receive on a monthly basis would be approximately around INR 69,000/-. Various allowances would be offered and are calculated upon the basic pay as per the rule of the All India Level Settlements to come at the total monthly in hand salary.

Is Karnataka Bank in loss?

Karnataka Bank Ltd (KBL) registered a net profit of ₹106.08 crore in the first quarter of 2021-22 as against a net profit of ₹196.38 crore in the corresponding period of 2020-21, recording a decline of 45.98 per cent.

Is Karnataka Bank safe for FD?

Karnataka Bank Fixed Deposit Rate It is considered to be a safe and reliable form of investment which provides a higher rate of interest as compared to a regular savings account. The money deposited in an FD cannot be withdrawn before maturity, except on payment of a penalty.

Is Karnataka Bank a good buy?

It’s no surprise, then, that I like to invest in companies with EPS growth. Karnataka Bank managed to grow EPS by 14\% per year, over three years. That’s a pretty good rate, if the company can sustain it. It seems Karnataka Bank is pretty stable, since revenue and EBIT margins are pretty flat year on year.