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The announcement was made after market hours yesterday, 22 February 2018.
The bank also announced that it opened 794th branch at Kudligi, 795th branch at Byndoor and 796th branch at Karaya-Thannirupantha GP on 22 February 2018.
Meanwhile, the S&P BSE Sensex was up 322.95 points, or 0.95% to 34,142.45. The S&P BSE Mid-Cap index was up 209.70 points, or 1.28% to 16,531.84, outperforming the Sensex.
On the BSE, 1.02 lakh shares were traded in the counter so far compared with average daily volumes of 3.05 lakh shares in the past one quarter. The stock had hit a high of Rs 133.40 and a low of Rs 129 so far during the day. The stock had hit a 52-week high of Rs 181.15 on 2 June 2017. The stock had hit a 52-week low of Rs 114.80 on 17 February 2017.
Karnataka Bank is a private sector bank in India.
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