Karnataka Bank Ltd has stowed 'IBA Banking Technology Award'.

 The bank said the grant was declared as a feature of Indian Banks' Association (IBA) Technology Conference, Expo and Awards 2016.

Mahabaleshwara MS, Chief General Manager of the bank got the honor from HR Khan, Deputy Governor of RBI, and Ashwani Kumar, Chairman of IBA, in Mumbai

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Karnataka Bank is a noteworthy managing an account establishment situated in the beach front city of Mangaluru in Karnataka, India. The Reserve Bank of India has assigned Karnataka Bank as an A1+-class booked business bank. It was established in 1924.