The Economic Times
In an interview with ET Now, P Jayarama Bhat, MD, Karnataka Bank, said that the bank was not in discussions with the RBI on selling stake...Bhat added that the bank has good fundamentals and that is being reflected in the stock price going up. The...
Bank is looking to purchase the lender. "The management is not for any stake sale," Karnataka Bank CEO P...For now we plan to raise capital through Tier II debt," he added. Bank had submitted a formal proposal to the Reserve Bank of India to acquire...