Mangaluru-headquartered Karnataka Bank will soon complete a century. With such a legacy comes with responsibility and Karnataka Bank’s MD and CEO, Mahabaleshwara M S, is trying to carry forward this legacy with the utmost importance. Mahabaleshwara shares with Free Press Journal his vision for the bank.
Mumbai: State Bank of India today said bad loan recoveries in the ongoing quarter have been “good” and the country’s largest lender is looking at more innovative ways for getting money back from borrowers. “Recovery has been good. We are taking various other steps in the days to come to see that whatever we can recover, we recover faster,” lender’s deputy managing director in charge of stressed asset management M G Vaidyan told
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