Karnataka Bank Holds Annual Conference for Concurrent and Internal Auditors
Karnataka Bank successfully hosted its Annual Conference of Concurrent Auditors and Internal Auditors for the Financial Year 2026-27. The event took place on May 20, 2026, at the bank's Centenary Building in Mangaluru. The conference was organized in a hybrid mode under the guiding theme, "Anticipate, Strengthen, Prevent," ensuring participation from auditors and Bank officials across the country.The conference served as a crucial platform for discussions focused on strengthening audit practices, enhancing risk management, ensuring regulatory compliance, and sharing best practices in internal control and governance.
The proceedings were presided over by Shri K. Gururaj Acharya, Chairman of the Audit Committee of the Board. Adding to the discourse, Shri M. R. Venkatesh, Chartered Accountant and Advocate, provided insights on emerging challenges within the audit and regulatory landscape.
Shri Raghavendra S. Bhat, Managing Director & CEO of Karnataka Bank, addressed the attendees, emphasizing the critical role that auditors play in promoting transparency, accountability, and sustainable growth within the institution. Further contributing to the session, Guest Speaker Shri Nandan Rao Iddya, Chartered Accountant, shared his perspectives on evolving audit practices and governance standards. Additionally, Shri Jayanagaraja Rao S., Head of Internal Audit and Chief of Internal Vigilance, highlighted the importance of maintaining a strong audit framework to support the Bank's growth and compliance objectives.
The event saw enthusiastic participation from concurrent auditors, internal auditors, Regional Heads, Deputy Regional Heads, and Branch Heads from various locations across India. The participation reaffirmed the Bank's deep commitment to robust governance, effective risk management, and sustaining a strong audit framework across its operations.
KTKBANK Stock Price Movement
Today, The Karnataka Bank Limited shares slipped by 1.54% to settle at ₹265.7 today. Despite handling a significant volume of 3.06 million shares, the stock remains notable for having previously reached an all-time 52-week high of ₹278.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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