Tag: Karnataka Bank

Tata Motors partners with Karnataka Bank for retail finance support

The scheme can also be availed by customers who are agriculturists and are owners of farming lands as well as by Non Resident Indians (NRIs), among others.

January 4, 2021

Karnataka Bank reports Rs 285 crore fraud by DHFL, Religare Finvest and two others

Similarly, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

June 6, 2020

Man held for operating fake branch of Karnataka Bank

A man has been arrested in Mulayam Nagar of Phephna area in Ballia, Uttar Pradesh, for allegedly operating a fake branch of a bank, police said. The fake branch, which was busted, was of the Karnataka Bank. The police, reportedly, have seized Rs 1.37 lakh from the man. The arrested man was identified as Aafaq …

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March 29, 2018

Gitanjali Gems defrauds Karnataka Bank of Rs 86.5 cr

Privately-run Karnataka Bank Ltd has informed the Reserve Bank of India (RBI) that Gitanjali Gems of scam-hit Mehul Choksi had committed a Rs 86.5 crore fraud in the fund-based working capital. “We have reported a fraud to the RBI amounting to Rs 86.47 crore in the fund-based working capital facilities extended to Gitanjali Gems Ltd …

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March 29, 2018