India's Karnataka Bank rises after naming interim top boss

Karnataka Bank

14/07/2025 09:34

** Shares of private lender Karnataka Bank KBNK.NS up 1.5% to 193 rupees

** Bank names COO Raghavendra Srinivas Bhat as interim MD, CEO

** Stock lost 8% since June 29 when former MD, CEO Srikrishnan Hari Hara Sarma resigned, citing personal reasons

** KBNK down 10% YTD

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))