The Karnataka Bank Limited has informed the Exchange about Resignation of Director/KMP/SMP
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 close of business hours on 16 May 2026. The resignation was submitted via letter dated 04 May 2026 citing personal grounds as the reason for departure. The bank has completed all internal formalities for the cessation. This is a mid-tenure departure at the senior management level. The role involved managing liabilities sales, third-party products, and government business operations.
The departure of a senior manager overseeing liabilities and government business could impact operational continuity in those functions. However, since this is a single resignation citing personal reasons, market impact is likely minimal unless other senior exits follow.