Karnataka Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Karnataka Bank Limited with three other
companies in this sector in India:
South Indian Bank Limited
sales of 60.75 billion Indian Rupees [US$928.21 million]
of which 45%
was Corporate Wholesale Banking),
Karur Vysya Bank Ltd
(61.50 billion Indian Rupees [US$939.74 million]
of which 50%
was Retail Banking), and
Jammu & Kashmir Bank Limited
(73.52 billion Indian Rupees [US$1.12 billion]
of which 44%
was Retail Banking).
During the year ended March of 2016, sales at
Karnataka Bank Limited were 60.79 billion Indian Rupees (US$928.84 million).
increase of 16.8%
versus 2015, when the company's sales were 52.06 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Karnataka Bank Limited
(and since 2011, sales have increased a total of 128%).
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
131.0% in 2016, from
1.07 billion Indian Rupees to 2.47 billion Indian Rupees.
Not all segments of Karnataka Bank Limited experienced an increase in sales in 2016:
sales of Treasury Operations fell 3.1% to 12.99 billion Indian Rupees.