Karnataka Bank has announced its unaudited, reviewed standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved these results on October 28, 2026. The results include a limited review report from the statutory auditors, which provided an unmodified opinion. Additionally, the bank has disclosed information regarding its security cover and compliance with financial covenants.
Karnataka Bank Announces Q2 FY27 Financial Results
Karnataka Bank has officially disclosed its unaudited financial results for the second quarter and the first half of the financial year ending September 30, 2026. The Board of Directors reviewed and approved these results during their meeting held on October 28, 2026.
Key Disclosures and Auditor’s Report
The submitted financial results encompass both standalone and consolidated figures. A key highlight is the Limited Review Report by the Statutory Auditors, who provided an unmodified opinion on the financial statements for the period. The bank also submitted its Security Cover Certificate and confirmed compliance with financial covenants related to its listed non-convertible debt securities.
Compliance and Regulatory Filings
The disclosure also includes statements on the utilization of funds and any deviations, adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Bank confirmed that it has not raised any BASEL III compliant, unsecured debt instruments during the quarter ended September 30, 2026, but did issue equity share capital through vested ESOPs. Details of outstanding capital instruments for capital adequacy purposes, as per RBI guidelines, were also provided.
Source: BSE
