The Karnataka Bank Limited

5%

nsformational journey of the Bank 3 …Guided by an Independent Board With no shareholder holding >5% share capital in the Bank P Pradeep Kumar Keshav Krishnarao Desai Balakrishna Alse S Part Time

INR 1,500 crore

ors at its Meeting held on 22-Sept-23 had approved to raise equity capital for up to an amount of INR 1,500 crore Tranche 1 – INR 800 Cr.  Preferential issue of Equity shares successfully completed  Backed b

INR 800

Sept-23 had approved to raise equity capital for up to an amount of INR 1,500 crore Tranche 1 – INR 800 Cr.  Preferential issue of Equity shares successfully completed  Backed by marquee institutional

INR 1,500

to consider further capital raise of the amount remaining unutilized out of the overall limit of INR 1,500 cr.  Intimation for the Board Meeting has been made to Stock Exchange  Further details would be

INR 400

e to Stock Exchange  Further details would be intimated post board meeting on 27-Jan-24 Redeemed INR 400 cr. of Tier-2 Bonds through exercise of call option in Nov-23 Redemption of INR 320 cr. of Tier-2 Bo

INR 320

an-24 Redeemed INR 400 cr. of Tier-2 Bonds through exercise of call option in Nov-23 Redemption of INR 320 cr. of Tier-2 Bonds through exercise of call option planned in Feb-24, subject to regulatory approva

3 lakh

fe insurance products  Diverse financial solutions leveraging Bajaj’s product suite Crossed 3 lakhs Co-branded Credit Cards with incumbent partner; Crossed INR 100 cr. of Co-lending 8 Key Mileston

INR 100

ing Bajaj’s product suite Crossed 3 lakhs Co-branded Credit Cards with incumbent partner; Crossed INR 100 cr. of Co-lending 8 Key Milestones During the Quarter Products Launched collections of Direct T

rs 1

sis on our Strength Areas Our Legacy Building on Our Legacy 100 Year Legacy 13 Mn Happy customers 1 in 401 Indians bank with us  Tradition with Innovation  Outbound Sales Culture  Startup-like Ag

35.4%

s  Tradition with Innovation  Outbound Sales Culture  Startup-like Agility MSME & Rural Focus 35.4%2 46.3% Share of MSME & Agri-Loans Branches in Rural & Semi-Urban Areas  Capitalise on commun

46.3%

dition with Innovation  Outbound Sales Culture  Startup-like Agility MSME & Rural Focus 35.4%2 46.3% Share of MSME & Agri-Loans Branches in Rural & Semi-Urban Areas  Capitalise on community netw

45.5%

ral to be key growth drivers Retail Focus Increase in % of Retail Advances from FY20 to Q3FY24 45.5% 47.5%2  Enhanced RoA and RoE  Focus on Retail - Home, Gold Loans Karnataka Stronghold 4.2%3

NNPA

1

Cost of Funds

1

NNPA

1.0% - 1.5% Enhance Asset Quality CASA %: 33.0% - 35.0% Stable Source of Funding ROA %: 1.2% - 1.4% Effective Capital Allocation NIM %: 3.5% - 3.7% Consistent Interest Margins

Cost of Funds

4.7% - 5.1% Optimize Funding Costs Consolidation of financial position to build stakeholder value and enhanced return on equity 18 Digitalisation Propelling Robust Book Growth Foundation in place to Drive Next Leg of Digital Innovation D. State-of-the-art ‘Technology, Digital & Product Hub’ at Bengaluru  40,000 sq. ft. super built-up area  370+ work-stations Text  Products and Business Solutioning have been integrated into the Technology and Digital Hub Text  Partnerships with Fintechs  Co-lending Tech Integration 19 KB L  ‘Project KBL-VIKAAS’ to drive transformation initiatives advised by Boston Consulting Group  Digital Centre of Excellence (DCoE) Text  Analytical Centre of Excellence (ACoE)  Cloud Data Platform for ACoE  Four Modules from OFSAA including fund transfer and profitability module under implementation  Scalable and configurable platform for business account Digitalisation Propelling Robust Book Growth D. Moving Towards a Digital-First Bank Embedding data & ana