The document contains the transcript of a post-results analysts/institutional investors audio conference call held on Thursday, October 29, 2026, discussing the unaudited, reviewed Standalone & Consolidated Financial Results of the Bank for the quarter and half year ended September 30, 2026.
The conference call was moderated and featured management participants including Mr. Raghavendra S. Bhat – Managing Director and Chief Executive Officer and Mrs. Biji S. S. – Executive Director.
The transcript was made available on the Bank's website at https://karnatakabank.bank.in/investors/quarterly-results and filed with the exchanges pursuant to Regulation 30 read with Clause 15 (b) of Para A of Part A of Schedule III and Regulation 46 (2) (oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The management discussed Q2FY27 financial performance including PAT of INR435.89 crores (up 37% YoY), Net Interest Income of INR982.44 crores (up 35% YoY), Gross Advances of INR92,015 crores (up 25% YoY), and improvement in Gross NPA to 2.27% (down 31 bps QoQ).
Strategic updates included focus on growing retail, agri and MSME (RAM) portfolio which reached INR56,968 crores (up 19% YoY), systematic reduction of IBPC portfolio from INR1,375 crores to INR1,309 crores, and efforts to shift from high-cost bulk deposits to granular retail deposits.
The bank provided guidance for 15-20% advances growth, maintenance of NIM above 3% and ROA above 1%, and plans to open 31 new branches during FY27, aiming to cross 1,000 branches.
Product developments included launch of Express Digi Gold Loan, GST overdraft facility for MSME, loan against property for MSME, dropline overdraft for MSME, UPI Help, MyUPI, Pin-less CBDC Transactions, and Trade Konnect platform.
The management addressed questions on NIM guidance, asset quality, impact of drought conditions, ECL provisioning requirements, fee income trends, employee retention plans, and treasury portfolio impact from rising yields.
Additional Notes Section
The document includes the full transcript of the earnings conference call with analyst Q&A session.
The transcript contains detailed financial data and performance metrics for Q2FY27 and comparative periods.
The disclosure was signed by Sham K, Company Secretary & Compliance Officer, and digitally dated November 4, 2026.
