NSEPress Release4d ago · 12 Oct 2026, 04:56 pm
Press Release
The Karnataka Bank Limited · KTKBANK
✦ AI Summary▲ PositiveProduct Launch
Karnataka Bank Limited has launched 'Trade Konnect', a digital platform for import, export, and outward remittance transactions. The platform enables customers to submit requests online, eliminating the need for physical branch visits. The launch is a significant step towards enhancing customer experience and accelerating the bank's digital transformation.
Analysis Scores
Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
The Karnataka Bank Limited has informed the Exchange regarding a press release dated October 12, 2026, titled "Karnataka Bank launches "Trade Konnect" - A Digital platform for Import, Export & Outward Remittacne Transactions".
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Karnataka Bank Ltd.
Your Family Bank. Across India.
Regd. & Head Office Phone : 0824-2228222
Post Box No.: 599 Mahaveera Circle E-Mail : comsec@ktk.bank.in
Kankanady Website : www.karnatakabank.bank.in
Mangaluru – 575 002 CIN : L85110KA1924PLC001128
SECRETARIAL DEPARTMENT
HO:SEC:188:2026-27 12.10.2026
The Manager The Manager
Listing Department Corporate Relationship Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street
MUMBAI - 400051 MUMBAI - 400001
NSE Scrip Code: KTKBANK BSE Scrip Code: 532652
Madam / Dear Sir,
Sub: Press Release – Karnataka Bank launches “Trade Konnect” – A Digital
platform for Import, Export & Outward Remittance Transactions
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a
copy of the press communiqué released by the Bank on 12.10.2026 on the subject
matter.
This is for your kind information and dissemination.
Yours faithfully,
Sham K
Company Secretary &
Compliance Officer
Regd. & Head Office Phone :0824-2228515
P. B. No.599, Mahaveera Circle E-Mail : pr@ktk.bank.in
Kankanady Website : www.karnatakabank.bank.in
Mangaluru - 575 002 CIN :L85110KA1924PLC001128
MEDIA MARKETING & PUBLIC RELATIONS DEPARTMENT
HO/MM&PR/PR/No.16/OR.No. 901/2026-27 Date: 12-10-2026
PRESS RELEASE
Karnataka Bank Launches "Trade Konnect" - A Digital Platform For Import, Export
& Outward Remittance Transactions.
Karnataka Bank announced the launch of Trade Konnect, a digital platform that enables
customers to submit requests for import, export transactions and outward cross border
remittances online, anytime, anywhere eliminating the need for physical branch visits.
The platform was formally launched by Shri Raghavendra S Bhat, Managing Director &
CEO of Karnataka Bank, through a virtual ceremony held at the Bank1s Head Office in
Mangaluru.
Speaking on the occasion Shri Raghavendra S Bhat, Managing Director & CEO of the
Bank said: "Implementing the digital platform 'Trade Konnect' for online submission of
forex transaction and cross-border outward remittance requests is a significant step
towards enhancing customer experience and accelerating the Bank1s digital
transformation. The platform is designed to support the evolving requirements of
businesses engaged in international trade and individuals undertaking foreign
remittances by providing a seamless, secure and efficient digital channel. Customer
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convenience and improving the ease of doing transactions will be at the forefront of our
digital approach which will further enhance value to our customers."
Speaking about the platform, Smt. Biji S S, Executive Director added: "The Bank is
focused on leveraging technology to make banking simpler, faster and more accessible
to our customers. This digital platform provides a convenient way for our customers to
submit requests for key cross border trade and remittance transactions, reinforcing our
vision of delivering an enhanced digital banking experience."
The event was attended by Smt. Biji S S, Executive Director, Shri Chandrashekar, Chief
Business Officer, Shri Raja B. S., Chief Operating Officer along with other senior
executives of the Bank. Shri. Jai Shah, Co-Founder & Director-Sales of the technology
partner for the platform, M/s. Kyzer Software (India) Pvt. Ltd., was also present on the
occasion.
Pallavi T.S
CHIEF MANAGER & PUBLIC RELATIONS OFFICER
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