Karnataka Bank shares saw a significant drop of nearly 6 percent on Thursday. This followed the release of the bank’s provisional business update for the January-March quarter of financial year 2026. CASA deposits rose 10 percent year-on-year. Total deposits also saw growth. Advances increased by 6.9 percent year-on-year. The market weakness and global concerns also impacted the share price.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets