Karnataka Bank Posts Rs 3.19 Bn Net Profit in Q2 FY26, Up 9% QoQ

11 Nov 2025 CW Team

Karnataka Bank has reported a quarterly net profit of Rs 3.19 billion for the quarter ended September 2025, marking a 9.1 per cent QoQ increase compared to Rs 2.92 billion in Q1 FY26. The Board of Directors approved the financial results for the quarter and half year at its meeting held in Mangaluru.

For the half year ended September 2025, the Bank recorded a net profit of Rs 6.11 billion, compared with Rs 7.36 billion reported during the same period last year.

In Q2 FY26, the Bank’s Net Interest Income (NII) stood at Rs 7.28 billion. Asset quality improved further, with Gross NPA reducing to 3.33 per cent (from 3.46 per cent in June 2025) and Net NPA declining to 1.35 per cent (from 1.44 per cent in June 2025).

The Bank’s aggregate business stood at Rs 1.76 trillion on a gross basis, compared with Rs 1.77 trillion in Q1 FY26. Aggregate deposits were Rs 1.02 trillion (vs. Rs 1.03 trillion in Q1), while Gross Advances stood at Rs 736 billion (vs. Rs 742 billion). Despite a marginal dip in advances, the Bank recorded growth in its RAM (Retail, Agriculture & MSME) portfolio. The Credit–Deposit Ratio stood at 71.63 per cent.

Karnataka Bank continued to maintain strong capital buffers, with a Capital Adequacy Ratio (CAR) of 20.84 per cent, up from 20.46 per cent as of June 2025. As per RBI’s revised draft guidelines, the Liquidity Coverage Ratio (LCR) as of 30 September 2025 stood at 188.16 per cent.

Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said, “During the quarter, the Bank witnessed a marginal decline in topline performance but recorded further improvement in asset quality. Our focus will continue to remain on the RAM segments, while we strengthen our low-cost deposit base. These efforts will help improve spreads and enhance NII going forward.”

Infrastructure Urban

01 Dec 2025

Modi Marks 550 Years of Partagali Math in Goa

Prime Minister Narendra Modi addressed the 550th-year celebration of the Shree Samsthan Gokarn Partagali Jeevottam Math in Goa, describing the occasion as a moment of deep spiritual calm. He noted that the Math, despite centuries of change, has remained a guiding institution rooted in tradition while adapting to the times. He highlighted its long-standing role in linking sadhana with service and in providing stability, values, and continuity to society.Marking the anniversary, the Prime Minister unveiled a 77-ft bronze statue of Lord Ram and inaugurated a Ramayana Theme Park on the premises. H..

Shimla Halts NHAI Tunnel Work after Road Depression and Home Cracks

The Shimla district administration has ordered an immediate halt to all construction on the twin tube tunnel under National Highway-05 after a large depression surfaced on the Mehli–Dhali Road and structural cracks appeared in several nearby homes. The decision follows growing safety concerns triggered by the recent landslide at Bhattakufar.District Magistrate Anupam Kashyap has written to the Project Director of the National Highways Authority of India (NHAI), instructing that all excavation, blasting and related activities under the Shimla Bypass Package-II be stopped without delay. The bl..

ALIMCO Marks 53 Years with New Logo, EV Scooter and Wheelchair Tech

ALIMCO celebrated its 53rd Foundation Day with the unveiling of a refreshed corporate identity and the launch of next-generation mobility solutions designed to enhance independence for Divyangjan and senior citizens. The event, attended by Union Minister for Social Justice & Empowerment Dr Virendra Kumar and Minister of State B L. Verma, underscored the organisation’s expanding role in India’s inclusion and accessibility landscape.Dr Virendra Kumar highlighted ALIMCO’s evolution from a manufacturing unit into a national institution rooted in innovation and empathy. He noted that more..