Karnataka Bank Ltd. has announced the cessation of Raghavendra Srinivas Bhat as its Managing Director & CEO. This change is effective from the close of business hours on November 15, 2026, following the completion of his tenure. The bank has provided the necessary details regarding this management transition in an annexure to the disclosure, adhering to regulatory requirements.
| Sl. No. | Particulars | Disclosures |
| 1. | Reason for change viz. appointment, resignation, removal, death or otherwise; | Cessation as MD & CEO of the Bank, consequent to completion of tenure. |
| 2. | Date of appointment / cessation (as applicable) & Term of appointment; | With effect from the close of business hours on November 15, 2026. Not Applicable |
| 3. | Brief profile (in case of appointment); | Not Applicable |
| 4. | Disclosure of relationships between directors; (in case of appointment of a director) | Not Applicable |
Source: BSE
