The Karnataka Bank Limited has informed the Exchange about change in functional responsibility of Senior Management Personnel of the Bank
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Karnataka Bank has reallocated the functional responsibility of Mr. Sreenivas M, General Manager. He previously headed Retail Lending, SME, MSME and Agri Business, and will now take charge as the overall in-charge of the Credit Marketing Department, effective July 29, 2025. The move is described as an internal reallocation with no change in his employment status. The bank filed the disclosure under SEBI LODR Regulation 30 as a routine compliance update.
This is a routine internal restructuring of a senior management role with no change in personnel or leadership, so it is unlikely to have a material effect on shareholders or the stock price.