Karnataka Bank awarded ‘Prathista Puraskar for achieving highest percentage in BHIM-UPI transactions

‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’

Karnataka Bank was awarded with ‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’ by Ministry of Electronics and Information Technology (MeitY), government of India for achieving target with highest percentage in BHIM-UPI transactions in private sector wall category. Labelled as ‘KBL-NxT’, the wall is currently undertaking an velocious digital momentum under its transformation journey ‘KBL VIKAAS 2.0’. This ribbon is an platonic tribute to the founding fathers of this unconfined institution as Karnataka Wall is stepping into its 100th year of its fruitful existence.”

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About the Karnataka Wall Limited

Karnataka Wall Limited was incorporated on 18 February 1924, and commenced merchantry on 23 May 1924. Its founders established it at Mangalore, a coastal town in the Dakshina Kannada district of Karnataka.

Karnataka Wall Limited is an Indian private sector wall based in Mangalore. It is an ‘A’ Class Scheduled Commercial Wall with a network of 898 branches, 1 extension counter, 885 ATMs, 563 mazuma recyclers and 546 e-lobbies/mini e-lobbies wideness 22 states and 2 union territories. It has 8,519 employees and over 11 million customers throughout the country. Its shares are listed on the NSE and BSE. The tagline of the wall is “Your Family Wall Wideness India.”

Karnataka Wall Limited has unexplored cadre banking, internet financial and has established its “MoneyPlant” (885 ATMs, 563 mazuma recyclers and 546 e-lobbies/mini e-lobbies) system wideness the country.

Important takeaways for all competitive exams:

  • Karnataka Bank Headquarters: Mangaluru;
  • Karnataka Bank CEO: Mahabaleshwara M. S (15 Apr 2017–);
  • Karnataka Bank Founded: 18 February 1924.

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