Karnataka Bank is targeting Rs 6,800.00 crore of farm credit during current financial year 2017-18. This constitutes 18.09% of ANBC (Adjusted Net Bank Credit) as against the minimum regulatory requirement of 18%.
As on March 31, 2017, the Bank has achieved its agriculture advance target of 18% and is confident of maintaining the said achievement level in future.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.