Current Affairs - Banking - Discussion

Karnataka Bank celebrated its 100th anniversary on February 18, 2024, by launching two new financial products—a specialized savings account for children and a high-interest term deposit scheme. The bank also inaugurated a centenary building, two museums, and 15 new branches to enhance its market presence. These steps highlight Karnataka Bank's commitment to both customer-centric banking and long-term growth, reinforcing its position as a prominent player in India’s financial sector. The bank has also set ambitious expansion goals for the coming years.