The company said that Muralidhar Krishna Rao has demitted the office of chief financial officer of the Bank on 1 March 2023 upon completion of his term.
Karnataka Bank is an Indian private sector bank based in Mangalore. It had 885 branches, 1463 ATMs and cash recyclers and 567 e-lobbies.
The private lender's net profit surged 105.14% to Rs 300.68 crore on 16.68% increase in total income to Rs 2,055.31 crore in Q3 FY23 over Q3 FY22.
