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ry Karn"r*1,Pank Ltd. F. No. 1303 (H.O.) CIN : LB51 10KA1924P1-C001 128 Regd. & Head Office P.B. No. 599, Mahaveera Circle Kankanady, Mangalore - 575 002 Phone : 0824 - 2228222 Fax : 0824-2225588 Website : www.karnatakabank.com email : [email protected] 29"01,.201,6 HO: SEC: f$ :2015;1,6 1. The Manager Listing Department National Stock Exchange Of Limited., Exchan ge Plaza,C-I, Block G Bandra-Kurla Complex, Bandra (E), MUMBAI-4OO 051 Dear Sir, SECRETARIAL DEPARTMENT 2. The General Manager, Bombay Stock Exchange Limited India Corporate Relationship Dept Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI-4OO OO1 We enclose copy of the press coffrrnuniqu6 released by us for your kind informafion. Thank You, Yours faithfully, (YV coM

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Page 1: Press Release [Company Update]

ry Karn"r*1,Pank Ltd.F. No. 1303 (H.O.)

CIN : LB51 10KA1924P1-C001 128

Regd. & Head OfficeP.B. No. 599, Mahaveera Circle

Kankanady, Mangalore - 575 002

Phone : 0824 - 2228222 Fax : 0824-2225588Website : www.karnatakabank.com

email : [email protected]

29"01,.201,6

HO: SEC: f$ :2015;1,6

1. The ManagerListing DepartmentNational Stock Exchange OfLimited.,Exchan ge Plaza,C-I, Block GBandra-Kurla Complex, Bandra (E),MUMBAI-4OO 051

Dear Sir,

SECRETARIAL DEPARTMENT

2. The General Manager,Bombay Stock Exchange Limited

India Corporate Relationship DeptPhiroze Jeejeebhoy Towers,Dalal Street,MUMBAI-4OO OO1

We enclose copy of the press coffrrnuniqu6 released by us for your kindinformafion.

Thank You,

Yours faithfully,

(YVcoM

Page 2: Press Release [Company Update]

t_

OIL- rve 3 -f 92, /r"t^ - t 6

S Karnataka H,gn,hktfl,Regd. & Head Office

P. B. No.599, Mahaveera CircleKankanady

Mangaluru - 575 002

Phone'. 0824-2228325 Fax: 0824-2225587E-Mail :[email protected] : www.karnatakabank.comCIN : 1851 10KA1924P1C001128

PLANNING AND DEVETOPMENT DEPARTMENT

PRESS RELEASE

,BANKS ARE NATIONAL ASSETS'--Shri. Mahabaleshwara M.S, CGM, Karnataka Bank

Mangaluru headquartered Karnataka Bank has opened its 707th branch with on-site ATMat Tiruvallur, Tamil Nadu State on 29 January, 201,6.The new branch was inaugurated byShri. E. Pannerselvam, Chartered Accountanf M/s Selvam & Suku, Chennai. He recalledhis long and fruitful association of 33 years with Karnataka Bank and applauded the Bank'scommitment to customer service. Shri E. Subramanian President of Rotary Club, Tiruvallurinaugurated the on-site ATM at the new branch. The inaugural programme was presidedover by Shri. Mahabaleshwara M.S., Chief General Manager of the Bank.

"Banks are the nerve centres of economic activity and therefore are our national assets. Assuch, misuse of banking facilities should be avoided. It is the responsibility of each andevery customer to make use of all available banking facilities judiciously and avoid misuseof the sarrte" , said Shri. Mahabaleshwara M.S.

Highlighting the Bank's commitment to customer service, he said, "Bank is taking forwardits digital transformation wave forward to digitally empower the customers and in thisdirection, Bank proposes to increase its digital touch points across India as envisaged in itsKBL VISION 2020 Document which was unveiled recently. KBL VISION 2020 is a longterm growth plan of the Bank which aims to make Karnataka Bank BIG in terms of ServiceOutlets and customer base, STRONG in terms of asset quality and sound financials andGREAT in terms of customer experience, employees' feelings and stake holders'rewards.The Bank has projected total business of Rs 1,80,000 Crore by March 2020 with a serviceoutlet of 3500 comprising of 1000 Branches and 2500 ATMs. The Bank also proposes toopen 250 e-lobbies/mini e-lobbies by March 2020" .

Shri. layanagaraja Rao, Assistant General Manager of Chennai Region welcomed thegathering. Shri. T.R. Chandrasekaran, Director of the Bank and hundreds of valuedcustomers of the Bank were present on the occasion. The function concluded with Vote ofThanks by Shri. Venkatasubramani. V, Branch Manager of the new branch.

29-01-2016

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