Karnataka Bank released a press communiqué pursuant to Regulation 30 of SEBI Listing Regulations, announcing the launch of 'Nava Dhamaka 2026' - a comprehensive suite of nine new banking products and services aimed at enhancing customer experience through digital transformation.

The launch event was held on 15-10-2026 at the Bank's Bull Temple Road Office (BTRO) in Bengaluru. The programme was inaugurated by the Bank's Managing Director & CEO Sri Raghavendra S Bhat, with attendance from distinguished guests, technology partners, senior executives, and officials from the Bengaluru region.

The nine key solutions unveiled under Nava Dhamaka 2026 include:

  • A composite online trading and wealth management platform integrating demat and brokerage facilities with wealth management solutions
  • A revamped Retail Internet Banking platform with enhanced user interface and user experience
  • Enhanced KBL Mobile Banking features, including Soulabhya Plus Deposits and improved FASTag services
  • UPI services for eligible NRI customers holding NRE/NRO accounts
  • PIN-less transactions through the Central Bank Digital Currency (CBDC) platform
  • A comprehensive Point of Sale (POS) solution for temples, mutts, trusts and other religious institutions to facilitate secure digital collections
  • AI-enabled Voice Bot for Lead Validation to improve customer outreach and lead management
  • The Drop Line Facility under KBL Micromitra to support business improvement
  • KBL Startup Finance, a dedicated credit scheme for startups and emerging entrepreneurs

MD & CEO Raghavendra S Bhat stated the Bank's commitment to "delivering innovative products and seamless banking services that cater to the evolving needs of customers, making banking faster, simpler, smarter and more accessible through technology-driven solutions."

Distinguished guests at the event included Mr. Brijesh Patel (renowned cricketer and former President of Karnataka State Cricket Association), Dr. KR Paramahamsa, Dr. Manju K., Mr. Sanjay Raju, Mr. Mukesh Raju, and Mr. Ajith Hanumakkanavar, who shared their banking experiences and appreciated the Bank's customer-centric approach.

The initiative aims to enhance customer convenience, strengthen digital payment capabilities, improve service delivery, and support entrepreneurship and institutional growth by combining the Bank's trusted banking legacy with emerging technologies and secure digital capabilities.