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P Jayarama Bhat

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  • Karnataka Bank targets Rs 1,10,000 crore turnover for 2017-18

    Managing Director and Chief Executive Officer of the bank P Jayarama Bhat highlighted its performance during the financial year 2016-17 and rolled out the business agenda for the new fiscal. As on March 31, 2017, the bank has 2,145 service outlets comprising of 765 branches and 1,380 ATMs across the country.

  • Karnataka Bank's rights issue closes with over-subscription

    Karnataka Bank's rights issue closes with over-subscription

    "With the completion of rights issue, bank has augmented its capital funds to the extent of Rs 658.96 crore and the capital adequacy ratio has improved further paving the way for further expansion of business in the coming years," Bank MD & CEO P Jayarama Bhat said in a regulatory filing.

  • Will look to trim gross NPAs to 2.5% in FY17: Karnataka Bank

    Will look to trim gross NPAs to 2.5% in FY17: Karnataka Bank

    The bank saw a drop in gross NPA levels to 3.44 percent in FY16 from 2.95 percent in year before. This was mainly because of the bank's limited exposure to steel companies and large corporates, says Managing Director P Jayarama Bhat.

  • No 5/25 in Q3FY16; one SDR account in steel space: K'taka Bk

    No 5/25 in Q3FY16; one SDR account in steel space: K'taka Bk

    In an interview to CNBC-TV18, P Jayarama Bhat, MD, Karnataka Bank, talks about the company‘s third quarter results and its future outlook.

  • Eye 2.81% NIM by March 2015: Karnataka Bank

    Eye 2.81% NIM by March 2015: Karnataka Bank

    Karnataka Bank's managing director P Jayarama Bhat expects gross non performing assets are likely to improve to 2.25-2.50 percent by 2014-end.

  • To meet FY14 NPA target despite bad Q2: Karnataka Bank

    To meet FY14 NPA target despite bad Q2: Karnataka Bank

    Karnataka Bank has set itself a gross NPA target of less than 2.5 percent and net NPA target of less than 1 percent for this financial year.

  • Karnataka Bank eyes Rs 78,000 cr business in 2013-14

    Karnataka Bank eyes Rs 78,000 cr business in 2013-14

    The bank is looking at deposits of Rs 45,500 crore and advances of Rs 32,500 crore for the current fiscal

  • Gross NPA's to come down: Karnataka Bank

    Gross NPA's to come down: Karnataka Bank

    The profit before tax gained 77 per cent y-o-y to Rs 117 crore. In an interview to CNBC-TV18, P Jayarama Bhat, MD of Karnataka Bank said that The gross NPA has gone up from Rs 729 crore to Rs 781 crore. However, two accounts are pending in CDR and if it is considered then the gross NPA level will come down.

  • Tax expense erodes Karnataka Bank's Q3 net, up 11% only

    Tax expense erodes Karnataka Bank's Q3 net, up 11% only

    Mangalore-based private sector lender Karnataka Bank's (KB) third quarter (October-December, 2012-13) net profit moderated to 11% year-on-year to Rs 80 crore on the back of increased tax expenses. However, the profit before tax gained 77% y-o-y to Rs 117 crore.

  • Buzzing Karnataka Bank: What lifts investors' mood

    Buzzing Karnataka Bank: What lifts investors' mood

    Mangalore-based Karnataka Bank (KB) have been steadily inching up on persistent talk that the bank may be a potential takeover candidate. And even if there is no merit in the speculation, the bank‘s strong earnings performance in the September quarter may be comforting to investors.

  • See net interest margin over 3% by Mar '13: Karnataka Bank

    See net interest margin over 3% by Mar '13: Karnataka Bank

    P Jayarama Bhat, managing director and chief executive officer of Karnataka Bank says, he sees net interest margin (NIM) over 3% by March 2013.

  • Karnataka Bank retains FY12 advances growth guidance at 25%

    Karnataka Bank retains FY12 advances growth guidance at 25%

    The bank had guided to post 25% growth in advances in FY12 and it maintains the same. "We are giving interest on retail advances and there is a robust increase in the retail advances growth," Bhat explained.

  • Is Karnataka Bank on the block?

    Is Karnataka Bank on the block?

    The market has been buzzing with speculation about consolidation in the private banking space. The latest rumours that Karnataka bank may be the next bride, sent the stock up 10%. CNBC-TV-18’s Sajeet Manghat and Vidhi Godiawala report on the possible suitors.

  • Karnataka Bank expects credit growth of 25-30% in FY12

    Karnataka Bank expects credit growth of 25-30% in FY12

    Speaking to CNBC-TV18, P Jayarama Bhat, managing director of Karnataka Bank, said that the bank expects credit growth of 25-30% and deposit growth of 20% in FY12. The bank has also increased its base rate to 10.25% with effect from today.

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