{"id":183602,"date":"2026-05-20T07:47:50","date_gmt":"2026-05-20T11:47:50","guid":{"rendered":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-ktkbank-q4-2026-earnings-call-transcript\/"},"modified":"2026-05-20T07:51:31","modified_gmt":"2026-05-20T11:51:31","slug":"karnataka-bank-ltd-ktkbank-q4-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-ktkbank-q4-2026-earnings-call-transcript\/","title":{"rendered":"Karnataka Bank Ltd (KTKBANK) Q4 2026 Earnings Call Transcript"},"content":{"rendered":"

Note:<\/strong> This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon.<\/em><\/p>\n

Karnataka Bank Ltd (NSE: KTKBANK) Q4 2026 Earnings Call dated May. 20, 2026<\/span><\/strong><\/p>\n

Corporate Participants:<\/h2>\n

Raghavendra Srinivas Bhat<\/strong> \u2014 Managing Director & Chief Executive Officer<\/em><\/p>\n

Analysts:<\/h2>\n

Priyank Chheda<\/strong> \u2014 Analyst<\/em><\/p>\n

Chirag Singhal<\/strong> \u2014 Analyst<\/em><\/p>\n

Unidentified Participant<\/strong><\/p>\n

Sarvesh Gupta<\/strong> \u2014 Analyst<\/em><\/p>\n

Presentation:<\/h2>\n

Operator<\/strong><\/p>\n

Ladies and gentlemen, good day and welcome to Karnataka Bank Limited Q4MFY 26 earnings conference call. We have with us Mr. Raghavendra S Path MP and CEO along with the management team. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance in the conference call, please signal an operator by pressing Stars and zero on your touchstone phone. Please note that this conference is being recorded.<\/p>\n

I now hand the conference over to Mr. Raghavendra Espad, Managing Director and CEO, Karnataka Bank. Thank you. And over to you, Mr. Bath.<\/p>\n

Raghavendra Srinivas Bhat<\/strong> \u2014 Managing Director & Chief Executive Officer<\/em><\/p>\n

Thank you. Good evening and thank you for joining Karnataka Bank Q4FY26 earnings call. Karnataka Bank, a bank which began its journey from Mangaluru, a coastal city of Karnataka has emerged still stronger during the just concluded financial year 2025 26. Thanks to the collective resolve of every stakeholder, every customer and every employee of Karnataka Bank. The results we announced yesterday reflects sustained momentum which we have built days after days and quarter after quarter. As your bank continues its journey into its second century of banking excellence.<\/p>\n

I am pleased to report that we have witnessed meaningful improvement in all the ratios and have delivered on the guidance given during my previous interactions with the investor community. A reflection of the disciplined execution of our strategy and improved operational efficiency. Before going in detail about the results, let me have the opportunity to brief you about the performance of the bank as against the guidance given earlier. Parameters. The following are the parameters. Total business as against the guidance of 1 92,000 crores of business the figure was 1 92,118 crores gross advances against a guidance of 84 to 85,000 crores it was 83339.92 crore deposits.<\/p>\n

Against the guidance of 1 lakh 8,000 crores to 1 8778.75 crore CASA around 34,500 to 35,000. The figure was 36,559 crores. CASA percentage we have mentioned as a guidance 32 to 32.5% against which it was 33.61% GNPA. Whatever guidance was given less than 3%. It was 2.78% NNPA guidance was less than 1%. It was 0.98% NIM we have mentioned that 3% plus. Why it was 2.88% but Q4 it was 3.07% cost to income. What the guidance was given was 55 to 56% against which it was 56.34% FY26 but Q4 it was 50.47% ROE we have given the guidance of 1% plus against which it was 1.05% ROE around 15%.<\/p>\n

We have mentioned Q4 it was 12.69% YOY it was 10 point FY26 10.36% yield around 9% was the guidance against which it was 8.94% CD ratio guidance was 75% plus it was 76.61% standard restructured guidance was 750 it was 806.44 crore. I have been highlighting the need for having consistent progress in executing our strategy with greater clarity and direction and I am happy to note that we were able to deliver on it. I trust you have had the opportunity to review our financial results and investor presentation which were shared following the conclusion of the board meeting yesterday.<\/p>\n

During my previous interactions, I had outlined our key priorities, namely strengthening growth in the retail segments, optimizing funding costs through a higher CASA mix and a reduced reliance on high cost bulk deposits and and sustaining asset quality while maintaining a sharp focus on margins. Our growth trajectory has been robust and ahead of the detailed financial review. I would like to highlight that we have made significant progress across these priorities, which will be evident as I walk you through the financial performance.<\/p>\n

Before moving on to the business highlights, I would like to take a step back and briefly touch upon the broader financial system. The Monetary Policy committee in its April 2026 policy noted that global growth has remained resilient while domestic economic activity has also sustained its strength, supported by private consumption, monetary easing and continued government emphasis on infrastructure led investment. Looking ahead, India’s macroeconomic outlook remains resilient despite elevated geopolitical tensions and persistent global trade frictions.<\/p>\n

Strong underlying fundamentals such as steady growth, moderated inflation and fiscal consolidation provide the economy with the resilience to navigate external uncertainties. However, the war Invest Asia along with the rising input costs driven by higher energy prices and supply chain disruptions could weigh on the growth. The intensity and duration of such conflicts pose risks to both inflation and economic expansion. MPC has highlighted that in navigating through these turbulent times, monetary policy in India will continue to focus on reinforcing price stability while remaining growth supportive.<\/p>\n

In this context of evolving external dynamics, we remain measured and cautious in our outlook. We will navigate these uncertainties with prudence while closely monitoring the evolving inflation trajectory. Let me now present the Business Highlights bank has achieved its highest ever aggregate business which stood at Rupees 1,92,119 crore as of March 31, 2026 up by 6% Q on Q from 1,81,394 crore in December 25. Gross advance stood at 83,340 crore as on 31 March 26 reflecting a Q on Q growth of 8% from 77,000 to 83 crore as on 31 December 25.<\/p>\n

Our overall strategy is to continue our focus on growing retail, Agri and MSME I.e. RAMP which has grown from 49,152 crore as on December 25 to 51,197 crore as on March 26. On a Q on Q basis, Retail Agri and MSME segment during Q4FY26 has grown by 4% while Mid Corporate advances have grown by around 13%. In absolute terms, housing, agri, gold and vehicle loans have contributed around rupees15.47 crore of growth to our retail segment during the quarter. As we move forward, we will continue to focus accelerating retail growth while stabilizing the corporate portfolio through high quality and better yielding assets.<\/p>\n

The bank is committed to reduce its exposure to low yielding corporate loans that were opportunistically deployed for better yields than Treasury. As conveyed during previous calls, we have started replacing IBPC book with higher yielding loans. IBPC and Foot Credit portfolio which was at 4,057 crore and as of March 31st 25th has been brought down 2,707 crore as of 31st March 26th. Accordingly around Rupees 2,350 crore have been replaced during FY 2526. Aggregate deposits as at 31st March 26th was Rupees 1,8779 crore reflecting a Q on Q growth of of 4% over 31st December 25th.<\/p>\n

At Rupees 1,4 12 crore, CASA ratio stood at 33.61% of aggregate deposits as against 31.53% in December 25th. In absolute terms our CASA deposits have grown 11% from Rupees 32,029 crore as on 31st December 25th to 36,560 crore as on 31st March 26th. CASA accretion remains a key priority and we have implemented targeted strategies to further accelerate its growth during the year. The bank has continued to focus on shifting high cost bulk deposit to granular I.e. Retail deposits of less than 3 crore bulk deposits as a percentage of total deposits have come down from 4.8% as on 31 December 25 to 4.2% as on 31 March 26.<\/p>\n

Similarly, bulk deposits as a percentage of term deposits have come down from 7.1% as on 31st December 25th to 6.3% as on 31st March 26th. In line with the strategy, the bank has deliberately reduced its reliance on high cost bulk deposits and ensured that most renewals are executed at pre defined card rates thereby enabling tighter control over the overall cost of deposits. Retail term deposits have seen a growth of 2% on a Q or 10Q basis from from 66,252 crores as on 31st December 25th to Rs 67,648 crore on yoy basis.<\/p>\n

Retail term deposits has grown by 5%. CD ratio for the quarter stood at 76.61% as compared to 74.23% in December 25th and 74.38% in March 25th. Net interest income NII for Q4FY26 stood at 843 crore as compared to Rs 792 crore in Q3FY26 registering a quarter on quarter growth of 6% on a yoy basis. NII for Q4FY26stood at 781 crore recording an 8% yoy growth. Net interest margin stood at 3.07% for Q4FY26 versus 2.92% in Q3FY26 and 2.98% in Q4FY25. Improvement in net interest margin was driven by the Bank’s focused initiatives in the RAMP segment with an emphasis on enhancing yields alongside a calibrated improvement in CASA and retail term deposits and aimed at optimizing the cost of funds.<\/p>\n

Loan yields yield on advances for Q4FY26 stood at 8.78% as compared to 8.71% in Q3FY26 recording a 7 basis points increase. Loan yields will further be strengthened by accelerating retail growth while stabilizing the corporate portfolio through high quality and better yielding assets. Cost of Funds Cost of Funds stood at 5.38% for Q4FY26 as compared to 5.46% for Q3FY26 registering an 8 basis points improvement. The sequential Q on Q improvement in cost of funds is expected to be supported by our continued efforts to reduce the dependence on bulk deposits and replacing the same with retail deposit at card rates and focus on CASA.<\/p>\n

Build up profit after tax Q4FY26 PAT was rupees 408.19 crore as against rupees 290.79 crore in Q3FY26, an increase of 40%. There is an increase in PAT from 252.37 crore in Q4FY25 which is a 62% increase for the full year. FY2526. The bank has achieved its highest ever PAT at rupees 1310.50 crore as against Rs. 1272.37 crore with a YoY growth of 3%. Stressed assessed gross NPA percent as on 31st March 26 stood at 2.78% as against 3.32% in December 25, thereby showing an improvement of 54 basis points.<\/p>\n

The gross NPA percent as on March 25 was 3.08% which is a 30 basis point improvement. Net NPA percent as on 31st march 26 stood at 0.98% as against 1.31% in December 25, demonstrating a 33 basis points Q on Q improvement. Net NPA percent as On March 25 was 1.31% recording a 33 basis points YoY improvement. The sustained quarterly improvement in both gross and net NPA ratios reflects the Bank’s strengthened efforts to curb slippage and enhance monitoring efficiency supported by the functioning of regional collection centers.<\/p>\n

Credit Costs stood at 0.1% in Q4FY26 against 0.11% in Q3FY26. Slippage was 0.20% for Q4FY26 against 0.47% in Q3FY26. Recoveries for the quarter excluding upgraded accounts stood at Rupees 150.46 crore in Q4FY26 versus Rupees 114.18 crore in Q3FY26. Standard restructured advances including related accounts Standard restructured advances as on 31st March 26th was 806.44 crore as compared to rupees 867.995 crore as on 31st December 25th, recording a 7% Q on Q reduction PCR in line with the Bank’s commitment to increase the pcr, the bank has continued making accelerated provisioning and The PCR excluding technically written off account presently stands at 65.39% as of March 26 as against 61.23% as of December 25.<\/p>\n

PCR including technically written off stands at 83.54% as of March 26 as against 80.90% as of December 25. Cost to income for the quarter ended 31st March 26th Cost to income ratio stood at 50.47% as against 58.72% for the quarter ended 31st December 25th. For the full year FY25 26 bank’s cost of income was 56.34% as against 60.11% for FY2425. The bank has implemented various cost rationalization and monitoring measures to keep expenses under control. Concurrently, our focus on low cost deposits to reduce the cost of funds along with the emphasis on ramp and high yield portfolios to enhance loan yields is improving the net interest income and supporting sustained control over the cost to income ratio.<\/p>\n

Return on Equity Q4FY26ROE stood at 12.69% as against 9.06% in Q3FY26 Return on Asset Q4FY26ROE stood At 1.27% as against 0.92% in Q3FY26 Liquidity Coverage Ratio LCR as on 31st March 26th, LCR stood at 165.34% as against 186.84% as on 31st December 25th and as against the statutory target of 100%. CAR CRAR stood at 20.07% as on 31st March 26th of which Tier 1 18.68% and Tier 2 1.39% in comparison to 19.94% as on 31st December 25 of which Tier 1 was at 18.44% and Tier 2 was 1.50%. Products we remain on track with our products development and launch initiatives with a continued focus on bridging the remaining gaps in our product offerings.<\/p>\n

Launches planned during the coming quarters Agree Input Loans for a Taberco Craft Short term Agri Input loans are extended to registered tobacco growers to meet cultivation requirements with digital onboarding and faster sanctioning under a Tobacco Board tie up. Programmable CBDC enables the funds to be used only for predefined purposes within a specified time or through designated beneficiary NFC based QR payments. TAP and pay facility provided to QR Payments Surrogate based lending for housing and mortgage loans Drop Line OD for MSME Lab for MSME Digital and Technology the bank is leveraging IT investments through modular and faster implementation of solutions.<\/p>\n

Bank is also exploring leveraging a tools for improving internal efficiencies including improving processes. Few major solutions that are planned for completion in FY26 27 are loan originating System Revamp with the Collateral Management implementation of Dev SEC Operations HRMS Revamp Treasury Revamp Karnataka Bank’s strength lies in its well established foundation and its readiness to leverage emerging growth opportunities. Over recent periods, the bank has made meaningful progress in expanding its retail and MSME portfolios, rationalizing funding costs and enhancing asset quality, collectively creating a strong base for sustained growth ahead.<\/p>\n

Our approach is firmly anchored in execution with strategic initiatives planning, digital transformation and focused product offerings already gaining momentum. As these initiatives continue to scale, they are expected to translate into steady improvements in margins, profitability and key return ratios over the coming quarters. Despite global headwinds arising from geopolitical tensions, volatile commodity prices and supply chain disruptions, the bank continues to differentiate itself through its prudence, resilience, agility and strong customer centric approach.<\/p>\n

Supported by robust capital adequacy, comfortable liquidity and a disciplined execution framework, Karnataka bank remains well positioned to deliver consistent and long term value to its stakeholders. Looking ahead with a focused strategic roadmap and improving business momentum, the bank is confident of sustaining healthy growth and enhancing overall financial performance in the periods ahead. To our investors, customers and well wishers, I wish to convey that Karnataka bank is not resting on the strength of a single year’s performance.<\/p>\n

We will continue our efforts in building an institution that is future ready, customer centric and governance driven. We will continue to honor the legacy of our founders even as we embrace the opportunity in this fast evolving era. Thank you for your trust and continued support and look forward to all your continuing partnership as we together write the next glorious chapters in the history of Karnataka Bank. I would now like to hand over the call to the moderator for any questions and feedback from our callers and we would be glad to take<\/p>\n

Operator<\/strong><\/p>\n

Thank you.<\/p>\n

Raghavendra Srinivas Bhat<\/strong> \u2014 Managing Director & Chief Executive Officer<\/em><\/p>\n

We<\/p>\n

Questions and Answers:<\/h2>\n

Operator<\/strong><\/p>\n

Will now begin the question and answer session. Anyone who wishes to ask a question may press DAR and one on your Touchton telephone. If you wish to remove yourself from the question queue, you may press STAR and two participants are requested to use handsets while asking a question. Ladies and gentlemen, we’ll wait for a moment while the question queue assembles. The first question comes from the line of Anshul Patel, an Individual master, please go ahead. Mr. Patel, please go ahead with the question.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Thank you. My question is advances have increased significantly during the quarter. Can you explain the rationale behind this and how it aligns with your funding and liquidity strategy?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

You are aware as I was telling earlier from in the beginning also since our CR air was good, I want to increase the advances first. To increase the advances I need to have the fund fund was not the shortage at all. We could meet that funding requirement with the available resources and to some extent in between some short term funds. We have met it through the borrowings also. That was not the constraint at all. Yes Anshul,<\/p>\n

Operator<\/strong><\/p>\n

That’s it for my third.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah, thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Next question comes from the line of chirag singhal with first water fund.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Yeah. Congratulations Mr. Bhatt and the entire team. Yeah. This is I think the second quarter with consecutive growth and very good improvement across all the metrics in particularly this quarter. So first question on the guidance. So in Q4, clearly you know many metrics have seen significant improvement. So I’m just trying to understand how much should we extrapolate for the current fiscal. Fifth can please provide guidance on all the key metrics. Advanced growth, roa, credit cost, gross npa, Net npa.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah. I was mentioning earlier also in various meetings and forums while meeting you also in person in Mumbai, I was telling that bank on its we are. We want to grow steadily, slow but steady. But with some conservative outlook. We want to grow. The overall position I had given, I will stand firm on it. With the overall business growth of around 15% and maintaining. We want to have the deposit growth between 10 to 15% and advanced growth of 15 to 20%. While focusing on CASA, we want to. We have assured that 38% plus we want to maintain 33 plus percent of CASA percentage and all these ratios.<\/p>\n

Once we do that with a CD ratio of 80% we are able to meet all what I was mentioning. Maybe it is nim, maybe it is ROA or SPREAD or GNP and NNPL level. By and large we will stick to the stand which I have taken earlier. We will move further.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Yeah. So advance growth 15 to 20%. What about ROA and trade cost for the. For the current fiscal<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

ROA? Yeah, ROA. I was selling 1% plus 1% plus maybe anything. So one person plus I will still hold on to it. Right now I am not in a position to tell but when the ROA was less than 1% I was telling that 1% plus. Today in the Q4 you have seen it is 1% plus only. Now also I am telling 1% plus that 1% plus will be definitely towards improvement only.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay. And also credit cost and cost to income ratio. Because even your cost to income has fallen significantly in Q4. So is it fair to assume it will remain around these levels for the entire year?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah, for the entire year cost to income ratio has brought down from 60% plus to 56% which I was by and large telling 55% plus it stood at 56%. But Q4 there was a significant, significant improvement of 50%. And the overall first will be there on to reduce it further it will be between 50 to 53%. We want to. Once this cost is under control and the business is happening, definitely we will improve it further.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay, so 50 to 53% for the cost to income coming to the employee expenses. So in Q4 there was a sharp decline on a sequential basis. But there was an increase in other OpEx. So if I look at the total OpEx, it’s largely flat a sequential basis. So was there any restatement like. Like one line item has increased significantly and one line item has decreased significantly? Yes,<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

It is not like that. While all efforts are on to reduce the cost, cost reduction is ultimately ultimately helping me to improve the overall efficiency. One is working towards the continuous reduction in cost. Other one is improving the income here one time such measures are not there. To some extent there is a upward movement in the yield that has helped us that whatever upward movement in the yield has helped us to make accelerated provision also.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay, so what will be the expected range for employee expenses for the current fiscal.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

See I will tell you. Employee expenses is it cannot be reduced. That part you will agree. But all efforts will be there on to reduce the other expenditure while employees expense also we will ensure that whatever required only will be the improvement in employees cost. It is a difficult task, no doubt about it. The number of employees, whoever is working, whether additional staff is required, all those things are a business plan. I cannot answer that question right now. All efforts will be made to control the cost<\/p>\n

Chirag Singhal<\/strong><\/p>\n

The employee expense for entire FY26. Like the full year FY26 employee expense we should expect a similar number for FY27 also not any significant decline. Because in Q4 clearly there is a steep decline on a sequence.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah, yeah, it will be under control. That is my assurance. But sometimes see sudden business expansion and other things we may require additional manpower also taking that into account, it will duly getting compensated from the business. Need not worry. While expenditure quantum may Go up. It will be duly compensated from the increase in the business. Hello. Hello.<\/p>\n

Operator<\/strong><\/p>\n

Please go ahead.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Hello<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Sir. My question was on the other income. Further income had sharply reasoned in the current quarter, is it more because of the core fee income going up and if yes, what’s the reason? Or is it more about jury performance which has led to such kind of higher earning loan for us.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

One minute. My CFO Mr. Vijay Kumar will answer.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Hello. Good evening. Good evening. The other income increases the contract fee based income and also recovery from the technical write off portfolio. We have a technical write off portfolio for about 2,500 crores. So<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Recovery and technically return of account and the it is to see when the business grows. Along with the interest income, other income also will go from processing charges and other fee based income. If it is a non funded commission on bank guarantee, all those improvement will be there.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

But is it more cyclical in nature because when you look at a treasury gain it was just about 13 crores. But then your fee income quarter on quarter jumped from about 320 crores to 230 crores 100. Last year also we had a similar situation. So is it a lot of fee the general banking fees what you typically bundle up in the fourth quarter and that’s the reason?<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Yeah, that’s what processing charges and the recovery from return of account has majorly contributed to the increase in the. Sir, I’m talking<\/p>\n

Chirag Singhal<\/strong><\/p>\n

About fee income, core fee income. You are just including Recovery from bank that 66<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Fee income in the sense every year there will be income in the Q4 with regard to ATM card, one time card. It is there. It is every year in the Q4 it will be that.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay. Okay. And sir, you said that you want to grow at about 15, 16% notwithstanding the macro seems to be generating. Do you see that would lead to some kind of pressure going forward. In FY27 we already seen sequential improvement in margins. Whether we have seen a peak of margins. Now how do you read the. How do you basically balance the growth and margins for FY27?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

See margin in the sense, unless there is a moment in. Unless there is a movement in eblr it is at the lowest. Now if it is moving upward and all and it gets compensated. Otherwise if the trend is continuing, we will be on the same trend. It is the same. I feel it is at bottomed out. There may not be any chance it is coming down further. If there is a movement in upward movement that will also take care of the interest income also it is by and large it is Happening to the market as and when the situation comes.<\/p>\n

We have to plan accordingly. All co is taking care duly meeting as and when required. It will work out. We are first conscious and we are always working on the pressure of margin and up.<\/p>\n

Operator<\/strong><\/p>\n

Thank you, Mr. Dhamma. Please rejoin the queue for more questions. A reminder to all the participants, please restrict yourself to two questions. Next question comes from the line of 361. Captain, please go.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Yeah, hi, sir. If I look at your slide. Yeah, if I Look at slide 24, the number of employees in the first nine months had. Had increased. And in the last quarter, you know, actually it has declined. What is actually happening here?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

See, see, the number of staff is always going down. Every month it will go down. With the superannuation as and when the required, we will recruit the people in between. Last year we have opened around 31 branches. Staffs are required in between, we recruit also that during the first H1 or up to Q3, we have recruited some people. Again Q4, there was no recruitment. Rather. Rather people retired in three months. On an average. On an average, 50, 60 people getting superannuated. And the number will go down to that extent.<\/p>\n

And that is a continuous process. Every month it will be there.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay. Okay, sir. And my second question is, what is the impact of ECL guidelines on the network? And what would be the increase in the credit cost run rate post the implementation of the ECL guidelines?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah, we have got adequate capital adequacy ratio, number one. I believe there are guidelines which has now come, which is available to spread over to the next five years. And we have studied the impact also. Maybe around 1%, 1.5% overall will be there. Even that also available for the next four, five years, that will be spreading out 25 basis points, 30 basis points. And we have sufficiently taken care of that.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Mr. Gutka, please rejoin the queue for more questions. Next question comes from the line of Yash Dante Wadia, Dante Equity Research. Please come ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Yeah, hi. So congratulations on a good set of numbers. I really appreciate the way you’ve increased your PCR by 400 basis points. I’m pretty sure the bottom line number would have looked much, much higher if you would have done it at the pace that you’ve done it in the previous quarters, which is only 100 basis points. So this sort of acceleration, where are we aiming to reach by, let’s say in the next four quarters in terms of pcr or are you happy with where we are?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

See, it is a continuous process. As and when the quarter comes do the business and how we are working with the efficiency in working we will decide then and there. Don’t think otherwise. We are very carefully moving forward. As you only said it is very good. Very well. Provisioning has been made. We do understand our responsibility working taking all precautions. We will take care for the time being. Yes, it is going forward. We will decide.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

So you don’t have any number in mind in where you would want the PCR to be by the end of this next we<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Want to increase 1% every quarter that number Still I am holding on. But what best last quarter we have done more. That is why I said while moving forward as and when the requirement will be there we will take appropriation.<\/p>\n

Operator<\/strong><\/p>\n

Thank you Mr. Dante Varia please rejoin the queue for more questions. Next question comes from the line of Priyank Cheddar with balloon capital. Please go.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Yeah. Hi sir, I would request you to note down the questions because I won’t get chance again<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

You are asking questions 5 minutes, 10 minutes. What<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Sir, operator won’t allow me.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

He will allow, don’t worry. Interesting questions. He will allow, don’t worry. I have some restrictions also.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Thank you. I’ll. I’ll link the story. There were two, three surprises which I will note it down. I mean I would like to call it out. One was gross lippages came down significantly in quarter four at 147 crores versus a run rate of 250300 crores. What has been the reason for that? This leads to maybe our interest reversals because lesser slippages leads to lesser interest reversals. So what has been that quantification or what has been that contribution in the interest income which ultimately leads to you know nim going higher because benefit.<\/p>\n

So if you can link these three aspects together. First on what has been the slippage. Why. Why the slippages were so low. What is what. What should be the normal run rate? Should we read more to it? And then what leads to how much was the interest reversals contributing to the Overall income of Q4? That is my first question.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah, you’re asking the question should I answer then and there or you’re. Yeah, you can answer.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

You can answer one by. You can answer one by one.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah. With regard to slippage coming down I was mentioning earlier also and we our focus from the day of taking over charge. I was telling I want to control the stress. The main area of controlling SMS and CMS and recovery and restricted advances efforts continuously. Best efforts have been put my team and because of that such has come down Both under SMA and CMA interest reversal and all it is a regular phenomena. Some account during the course will be added. Interest reversal will happen. When it is getting upgraded, it will be reversed.<\/p>\n

I cannot answer that. I can get the right now I am not having. But it is day in and day out. Regarding the stripways. Yes. We will further increase our efforts to improve the quality. That was the main focus. I assured our investors earlier also. Now also I stand by it. We will see that slippage is stopped for that two, three reasons. One, our CRMD team in head office, CRMT team in all the regional offices, ARMBs at all the centers. All these are putting their best efforts to recover. That is number one.<\/p>\n

Number two, selection of borrowers at the entry level. That also we have a focused attention and I work to my team at all 15 centers and loan sanctioning center at the head office that whatever may be the quality cannot be compromised. With all these things put together. Definitely going forward further we will improve as far as recovery is concerned. Recovery. I mean I will not restrict it only to NPA Recovery under restructure, Recovery under stress, Recovery under CMA whatever that is the reason for improvement.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

No problem. Second, surprise posture was on the employee cost. So never in our history we have seen an employee cost less than 300 crores. At least for last 13, 14 quarters that I can see. First I understand it’s because of the activity revaluation which CFO sir had mentioned. What would be that fluctuations of the swing that leads to this? The reason why I’m asking is that or else on a full year number should we what should be that number? Because if it was 5,1500 crores in FY25 we are strengthening our team branches, sales office and the retail branches.<\/p>\n

So what should be that cost of employee that you are budgeting out for full year in FY27. Given that there are so much of variations that comes because of the actual evaluations that is on the question for the employee expenses.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

This question is very difficult to answer. Why? Because it all depends upon the field movement. And it is all because of geopolitical situation, countries, monetary policy, so many other factors. But as far as we are concerned, we are always working on monitoring the cost every now and then. Definitely I will assure that you have asked. You know everything. Again you are asking this question. No problem. We will assure you that with this definitely we will take care of this. We will take care of this.<\/p>\n

This we are always leveraging cost to all other things. The cost control as I told in the Beginning itself controlling cost and improving the overall efficiency and increasing the fee based income and other things. We will work on it. Priyan.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Wonderful. Wonderful. My last question. We had a target of 85,000 crores booked to be ended by this year and we are close to it. There’s no doubt about it we are nearing the target now when it comes to the the way to achieve this target and when I see the composition within the book 65% of the incremental growth has yet been coming via corporates and not via retail or msme. In fact MSME has yet remained flat and incremental growth via retail to the total loan book is yet slower and lower. So what’s your thoughts around what more needs to be done to for us to see that firing out.<\/p>\n

And if you can further bifurcate in terms of what are the key milestones to. You know that we should think of it that this would be XYZ things needed for you to achieve 15 to 20% advances growth.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah. You will answer in a different way earlier also. Like you so many people have answered this question. Last year was a difficult year for us. I admit that 78,000 crores of advance has come down to 71,000 crores. If you look at from 78,000 to 83,000 that is not a growth at all. If you take into account from 71,000 to 83,000 that is substantially good growth. Why I’m telling this agree and retail has not grown because somewhere I have told you also regarding though our intention is to reduce the bulk advances.<\/p>\n

Why? Because yield is low grow in retail and mid corporate somewhere you otherwise you will ask the question why you have grown negatively. So we have to balance those acts also taking that into account all these retail segments which have degrown While the Advances degrown from 78,000 to 71,000 Retail also has degrown. When I joined my team said there is no growth in the retail and mid corporate. That is the need of the one. I understood that what is the time available at my disposal. I joined on July only in studying one.<\/p>\n

Afterwards October onwards this retail trade center started. Retail credit will not happen overnight. It will take time bulk advances. Yes four, five parties can contribute larger amount. But I’m not interested that growth has to happen in this sector only taking that into account. If you ask that question now because it shows to you you are right also for me growth should come from retail and big corporate only. Going forward consciously we will reduce the bulk advances and we will grow in retail and mid corporate this is the only answer I can give.<\/p>\n

Earlier also so many investors. We were asking but you are not believing me to that extent. I was assuring you we will do it. We will grow it. As you rightly said 83,300. And although it is not 85,000 still I will say I told in the earlier meeting also in Q3 meeting. Yes, we have got lot of proposals on hand. And as at March we had 2000 crores of sanctioned but pending for dispersal. It has not happened for various reasons. It started happening post April advance is positive. We are positive we will grow.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Wonderful sir. We always have a high confidence in you. Just last thing this was question also earlier asked but not clarified. Recovery from technical return of book. We have booked 190. Roughly 190 crores in the other income. And the tw outstanding book is around 2500 crores. Any targets or any thoughts around what should be this recovery that we should pencil in for the coming year and along with that say if we are recovering 200 crores would we have a higher provisioning done to fasten up our pcr?<\/p>\n

We have. We have done that. But then what should be the number that we should think of provisioning requirements or say a credit cost on the PNL for FY27? Two questions. Recovery from PWO book number and provisioning impact on PNL for FY27.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Regarding recovery, I will tell you it is not only for recovery. It is to the business. Our aim is think big, aim high, don’t compromise on quality. We will work on that principle. So that that principle applies even to the recovery also. I have traveled across India to meet my regional team. 13 regions I visited personally. 2 regions I have addressed through the video conference. And the team is optimistic everywhere. And the team is geared up with regard to the growth in business. Growth in recovery, Growth for the business also target.<\/p>\n

There is a target for recovery also. What quantum? What number? Our aim is to always to recover 50% of the book of NPA. 50% of the technical written up. What happens? We have to wait and see because we are working on it. This is highly ambitious target. I know. But unless and until as far as recovery is concerned, if we are not ambitious, we are not able to justify or recover. Therefore ambitious target we have kept. Whether it is possible. Yes, I was telling earlier also you are not believing. You are not believing me now also I know that.<\/p>\n

But we will make all efforts to do that. It may look very big but yes, our people on the ground are charged up. I am I am hopeful next next quarter you will reserve this question as a follow up question you are asking. I know that even then we will make our all best efforts.<\/p>\n

Operator<\/strong><\/p>\n

Thank you Mr. Cheddar, please rejoin the queue for more questions. Next question comes from the line of Sarvesh Gupta with maximum capital. Please go ahead.<\/p>\n

Sarvesh Gupta<\/strong><\/p>\n

Hi sir. So two questions are firstly on the names. So I think we had a lot of book which was linked to GSEC and so if you can just break up the book into various EBLR or gsec. How what is the mix of our book? And secondly sir on the employee expense. If the CFO sir can give us the data for how much was the graduate related? You know, because yield increase. So that pool would have gone down in one quarter. So what was that impact specifically? If you can share that number. Thank you sir.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yes cfo can you share that one? Is G Sec percentage.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

No for both the questions we will share the information later on. Can you just main your requirements right now we don’t have it.<\/p>\n

Sarvesh Gupta<\/strong><\/p>\n

Okay sir. So broadly on the name side. So we have crossed 3% and I recall that a large part of the book was related to GSecs and GSecs have been actually hardening. So given that sort of a thing because earlier we had a negative impact on our results because the G6 was falling before the repo rate. So what is the outlook sir for next year? Nim?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

No, as I was telling in the beginning, if you have seen, I am working on that 3% plus NIM I will be working on it has come down, if you analyze our earlier data it has come down to as low as 2.72. So it is, it is improving. No doubt about it. And we do not have any G Sec linked advances. We have EBLR, treasury bill related majority of that. Under that around 60, 65% and MCLR. Some portion is there, some old small portion is base rate is also there. To be very frank with you, base rate is 0.31% MCLR 5.59%.<\/p>\n

Then 26 March then EBLR linked to GSET 2.31%. EBLR link to T bill rate 55%. This is, this is the component.<\/p>\n

Sarvesh Gupta<\/strong><\/p>\n

Okay, so link to the second table. Right. And there we should expect a positive impact if the yields are hardening. Again it<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Depends upon the market forces.<\/p>\n

Operator<\/strong><\/p>\n

Thank you Mr. Gupta. Please, please go ahead. Mr. Gupta, please rejoin the queue for more questions. Next question comes from the line of Vishwanath Swami with a retail message. Please go ahead.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Yeah, it is I’m just correcting the operator.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Good evening, Mr. Tripe Swamy.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Good evening sir. I hope everyone is doing good and congratulations. I know in the middle of the management crisis last year you have joined and you have showed that what you are capable of. And kudos to team Karnataka Bank. They have put in a lot of effort to make sure that they are capable and they are able to deliver it. So I would want to also congratulate the board of directors to bringing in you having confidence in you. And I’m also pleasantly surprised. I mean I’m surprised that there is a lookout.<\/p>\n

I’m an effort. I mean we have appointed. I mean we have nominated and we are getting executive director from outside. So my first question is have we looked out for internal talent? I mean I’m pretty sure that there should be like lot of experienced guys who are around. And then considering the last year’s experience where we have gotten people from outside and because of their work cultural differences they had difficult times in managing and then we had to overcome that. So that is my first question.<\/p>\n

And the second question is with respect to the Middle East, I mean sorry, West Asia conflict. So considering that are we still planning to expand the number of branches this physical. That’s my second question.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yeah. Good evening Tipeshwami ji. Yes, you are both relevant questions difficult to answer. But I will assure you that the recruitment of Ed has been taken based on the need arisen at a particular point of time. Ed was there earlier. Ed was not there for the past around nine, 10 months. It was a process required by sometimes need arises based on the requirement. That is one thing. Secondly, it does not mean that as you rightly said, parent is inside. No doubt we are not ignoring the talents as and when the time passes, he will come to know.<\/p>\n

We are not ignoring, we are hand holding, we are training. We are grooming them up. They will come up in the ladder. Definitely yes. And regarding this exit and all which you said cultural difference. I don’t want to talk now. Earlier also I have told the past is history, present is reality, future is the requirement. We will work according to that. Therefore yes, that is one thing. Secondly, your question with regard to the geopolitical scenario. Geopolitical scenario. Your plan to open a huge number of branches, whether there is any change, this is a like business plans.<\/p>\n

This is also a plan. And in between, if such things arise, we will midtime course correction and depending upon the market requirements, our growth and requirement all these things will be planned at an appropriate time. Corrective action also will Be taken with regard to what? Whatever guidance we have given in the guidance branch also has come. We will take appropriate decision at that time. But definitely we will not put the bank into what you call some problem. Don’t worry about it. That is my assurance.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Mr. Tripe Swami. Please rejoin the queue for more questions. Next question comes from the line of Vinay Nathkarni with Hathaway Investments Private Limited. Please go ahead.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Yeah. Just one question. Most of my questions have been answered. Just want to know the disbursements that you have made for FY26. What is the figure?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Pardon. Loan disbursement Right now. Last year we had repayment of around 26,000 crores for the entire year. Around 26,000 crores. And you can calculate 26,000 crores in that figure.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

26 plus 5.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

26 plus Y31. 32,000 crores.<\/p>\n

Chirag Singhal<\/strong><\/p>\n

Okay. And then I’ll send you a mail to get the breakup of the corporate and mid corporate also from there.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

No problem. No problem. Thank<\/p>\n

Chirag Singhal<\/strong><\/p>\n

You very much.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Next question comes from the line of Pranay Dalia with Panchatantra Advisors llp. Please provide.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Sir, first of all, many congratulations on a much, much better performance than what any of us would have imagined. You have actually rewarded the shareholders with the trust that they imposed in you. And now you have to beat this performance.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Good evening, Praneji.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Good evening, sir. So I’m asking you sir, is that we’ve seen a sharp reduction in cost of manpower this quarter. Sir, year on year as well as quarter on quarter. So is this has the bottomed out or will we see further reductions?<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Further reduction, I cannot tell because as I told you it all depending upon the requirement. We will optimally use the staff resources. Definitely. Yes. We have got plans of expansion, additional manpower required, appropriate time, will plan appropriately. By doing so we can cut the cost. That is the only answer I can give now. Otherwise cost control, leveraging it with the business requirements and all taking every. Every moment will be. We are cost conscious.<\/p>\n

Operator<\/strong><\/p>\n

Okay. Thank you sir. And many congratulations.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Once again as shareholders you are wanting to see the bank grow at this pace.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Thank you. Thank you very much. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. The next question comes from the line of Saket Kapoor with Kapoor and company. Please go ahead.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Yes, sir. Namaskar, sir. And hope I’m audible.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Namaste. Namaste. Yeah.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

Categorically as specified by all these speakers earlier that these are definitely commendable results at the backdrop of what. What looked very vain out earlier. But for investors and even a layman like me suggest, just to take into account, if we do a comparison on an annual basis, it is only this employee cost part that has significantly or made a difference to the operating profit. Correct me there sir, because if we look at our interest income, the operating cost and the employee cost part that we had posted an operating profit before provision of 1827 crore for FY25 which has risen to 1974 crore.<\/p>\n

So that. That it is. It is the that difference in the lower employee cost that has been happening happening by all the investors who have attended who have been asking the question. So we would like to understand that what should be the general run rate for the employee cost? And sir, how are you seeing the current current year in terms of how this operating profit number will shape up? Taking into account our disbursement target, the existing loan book, the recoveries, all the factors that you have just explained to us.<\/p>\n

How should this line item expand on a quarter, on quarter or year? On year basis, Some more color on the same would suffice.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

It is not quarter on quarter or half yearly or half yearly. It is on a monthly basis. We have this time changed our strategy that growth should come every month. Rather out of the growth percentage we said 5 into 3 that growth out of that first 3 months 5% next 3 months 8% next 3 months 9% next 2 months 10% last 14%. If I analyze the history of our bank for the past 10 years, the growth has come mainly in H2 and more percentage in Q4. Taking that into account, we have bifurcated business plans in such a way that first H1 the growth percentage will be around 39% of the additional growth has come in first H1.<\/p>\n

H2 it should be 61% the bifurcation. As I told you, we are working on that month on month and full efforts are on full efforts are there already started. Regarding employee cost and all. As I told you beginning and to others also it is very much guarded. Cautious decision is taken. It is employees cost is not possible to reduce. But how to optimally use the existing resources. Team has really worked hard. The team has delivered with that maximum utilization of the staff. The result has come. The cost in the trial balance figure may look down.<\/p>\n

But as I mentioned to the query in other cases, on an average daily staff member, monthly staff members resignation, retirement, VRs, superannuation, everything will be there. Taking that into account, on an average 350 to 400 people are retiring to the extent required only we will recruit because lot of it Spending is happening. We are trying to move to this additional load taken over by the it. All these are planned, continuous efforts are on. Therefore cost may look little reduced. But we will utilize it optimally.<\/p>\n

I will put it other way. Thank you very much.<\/p>\n

Priyank Chheda<\/strong><\/p>\n

So sir, what should be the operating profit trajectory for the bank on an yearly basis on the base of now 2000 crore. How should we investors strengthening in taking into account the current environment also and the type of degrowth which we may expect because of the oil prices and the other geopolitical issues. On this basis, how confident are you? First of all you will be supporting growth. And what should be the number on the operating profit that we should work on<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

That see, I am confident only but certain external situation. How can I predict now as and when the situation comes, we will take appropriate decision at that particular time how to. How to reverse or how to address that issue at an appropriate time. Because Prime Minister of India himself has given a statement. Yes. Cautioning everyone with all that things are getting managed. We also in the bank we will try to manage best. That is the only answer I can give at this juncture. Because external forces we have no control.<\/p>\n

Rather we have to adjust ourselves to change that situation. And we will do it. Definitely we will do it. Last year was also not a better year for us. Still we have done fairly. Fairly good though not very good.<\/p>\n

Operator<\/strong><\/p>\n

Thank you Mr. Kapoor. Please reject the queue for more questions. Next question comes from the line of Umesh Kantilal Shah and indigenous. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Good evening sir. Thank you very much. Good evening sir. Thank you very much for giving me an opportunity to pose the question before you. I am individual investor and also my corporate company also is invested in the Karnataka Bank. First let me conversation for numbers. You definitely post which was, you know, beyond our expectation. And also the nps. Another thing which I’ve been always with telling and you had assuring me which you know coming in the line with a lot of power with the good banks.<\/p>\n

So for that congratulation good dividend also you’re given. Sir, my only worries now the situation in the Middle East. Are we dependent on the deposit from the Middle east like other. You know, Canada and bank or other thing. Or how are we protected or insulated if situations are there? Because as you are number of times say that no one can say what happens tomorrow. No one knows. I agree with you. But still if you can some highlight in this sort of situation on the Middle east the deposit other things which we are dependent to what extent and how we can insulate it from the same.<\/p>\n

Thank you very much, sir.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Good evening. Umeshji.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Yeah.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

As you. You yourself ask the question yourself answered also my job. You made it easy. Rather than with regard to the depositors from Middle east or whatever. In a way it good. I should not say all banks are trying for getting good NRI deposits and FCNR deposits. But we have. We have a little portfolio. Not sizable portfolio that we have. Majority is local domestic deposits only. Domestic deposits also see the situation externally affects. It affects internally also. That is not in our control. But with regard to your specific question of the deposit from Middle east.<\/p>\n

It is not sizable one and we will not be affected much. That much only I can tell you.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Thank you very much, sir. I got you. Thank you. Thank you.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Ladies and gentlemen. Due to time constraints we have reached the end of question and answer session. I now hand the conference over to the management for closing the.<\/p>\n

Raghavendra Srinivas Bhat<\/strong><\/p>\n

Yes. Thanks. Thanks to all the investors who have put the question and whatever best we have presented our case. Number one. Number two. Still if there are any clarification required. You are all. I assure you that feel free to seek the clarification. We will try to give the best clarification to you. Number one. Number two is yes. Lot of people have spoken high about the result. We assure that we will work still hard. And thanks for reposing the confidence on the bank. Also I need your support going forward.<\/p>\n

And whatever this plans are there. We will try to come and connect with you. And definitely we will work up to your expectation. Thank you. Thank you one and all.<\/p>\n

Operator<\/strong><\/p>\n

Thank you on behalf of Karnataka bank limited that concludes this conference. Thank you for joining us. You may now disconnect your mic.<\/p>\n","protected":false},"excerpt":{"rendered":"

Note: This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon. Karnataka Bank Ltd (NSE: KTKBANK) Q4 2026 Earnings Call dated May. 20, 2026 Corporate Participants: Raghavendra Srinivas Bhat \u2014 Managing Director & Chief Executive Officer Analysts: Priyank Chheda \u2014 Analyst Chirag Singhal \u2014 Analyst Unidentified […]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,10089],"class_list":["post-183602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":180607,"url":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-ktkbank-q3-2026-earnings-call-transcript\/","url_meta":{"origin":183602,"position":0},"title":"Karnataka Bank Ltd (KTKBANK) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 13, 2026","format":false,"excerpt":"Karnataka Bank Ltd (NSE: KTKBANK) Q3 2026 Earnings Call dated Feb. 11, 2026 Corporate Participants: Unidentified Speaker Raghavendra Srinivas Bhat \u2014 Managing Director & Chief Executive Officer Analysts: Unidentified Participant Vinay Nadkarni \u2014 Analyst Suraj \u2014 Analyst Chirag Singhal \u2014 Analyst Darshan Deora \u2014 Analyst Sarvesh Gupta \u2014 Analyst Priyank\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174594,"url":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-ktkbank-q1-2026-earnings-call-transcript\/","url_meta":{"origin":183602,"position":1},"title":"Karnataka Bank Ltd (KTKBANK) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Karnataka Bank Ltd (NSE: KTKBANK) Q1 2026 Earnings Call dated Aug. 13, 2025 Corporate Participants: Unidentified Speaker Raghavendra Srinivas Bhat \u2014 Managing Director & Chief Executive Officer Abhishek Sankar Bagchi \u2014 Chief Financial Officer Analysts: Unidentified Participant Priyank Chheda \u2014 Analyst Unmesh Shah \u2014 Analyst Mayank Gupta \u2014 Analyst Yashvanth\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65860,"url":"https:\/\/alphastreet.com\/india\/key-highlights-from-infosys-infy-q1-2021-earnings-results\/","url_meta":{"origin":183602,"position":2},"title":"Key highlights from Infosys (INFY) Q1 2021 earnings results","author":"Staff Correspondent","date":"July 15, 2020","format":false,"excerpt":"Infosys (NYSE: INFY) reported earnings results for the first quarter of 2021 today. Revenues declined 0.3% to $3.12 billion. Net profit after minority interest was $558 million while diluted EPS was $0.13. 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