The Karnataka Bank Limited has informed the Exchange regarding Resignation of Mr. Venkateswarlu Mallineni as Head of Liabilities Sales, Third-Party Products and Government Business of the Bank w.e.f. May 16, 2026.
KTKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Venkateswarlu Mallineni, General Manager and Head of Liabilities Sales, Third-Party Products and Government Business at Karnataka Bank, has tendered his resignation effective May 16, 2026. He cited personal grounds as the reason for departure. The resignation was submitted via letter dated May 4, 2026, and was accepted after completion of internal formalities. As per SEBI regulations, Mr. Mallineni ceases to be a Senior Management Personnel (KMP) of the Bank from the close of business hours on May 16, 2026.
This is a mid-level management change affecting the bank's liabilities sales and government business functions. While the departure of a senior manager may cause some operational disruption, the personal-grounds resignation and lack of any flagged governance concerns suggests limited direct market impact.