The bank's deposits have risen by 3% from Rs 84,592.65 crore as on 31 December 2022.

CASA as on 31 March 2022 stood at Rs 28,807.04 crore, up 9% YoY and up 7% QoQ.

CASA ratio stood at 32.97% as on 31 March 2023 as against 32.97% as on 31 March 2022 and 31.91% as on 31 December 2022.

The bank's gross advances increased by 6% to Rs 61,326.42 crore as on 31 March 2023 from Rs 57,769.34 crore as on 31 March 2022. The gross advances, however, are lower by 4% as compared with 63,673.34 crore as on 31 December 2022.

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.

The scrip slumped 4.70% to currently trade at Rs 129.65 on the BSE.