Karnataka Bank Executives Resign, Stock Falls 4.4%

  Published 1 year ago

Karnataka Bank shares drop 4.4% after MD and ED resign; search committee formed for replacements.

  • MD Srikrishnan Hari Hara Sarma resigns citing personal reasons, impacting bank leadership.
  • Executive Director Sekhar Rao also steps down, adding to leadership changes.
  • Bank forms search committee to find new MD and ED amid falling stock.
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