Karnataka Bank Share Price in Focus; Appoints Raghavendra S Bhat as MD and CEO

Karnataka Bank has confirmed the appointment of Raghavendra S. Bhat as its Managing Director and Chief Executive Officer for a one-year term starting November 16, 2025, as per the exchange filings.  

The move comes as the bank formalises a long-term leadership arrangement following a series of interim extensions earlier this year. 

Leadership Update 

Bhat’s appointment was approved by the Reserve Bank of India on November 14, 2025, after which the bank’s board ratified the decision. His association with Karnataka Bank spans nearly four decades, beginning in 1981 as a clerk and progressing through senior responsibilities, including serving as Chief Operating Officer until 2019. 

Before this full-term appointment, Bhat had been serving in an interim capacity since July 2025 following the exit of former MD and CEO Srikrishan Hari Hara Sarma. The bank had also disclosed an RBI-approved extension to his tenure in October. 

Career and Experience 

Across his 38-year career, Bhat has handled a wide range of functions, including digital banking, treasury, HR, insurance-linked services and rural banking. His long-standing leadership experience within the bank’s structure has positioned him as a familiar and seasoned hand to guide operations from the top role. 

Headquartered in Mangaluru, Karnataka Bank highlighted that Bhat’s management experience across multiple business verticals strengthens its strategic vision as it progresses through its ongoing growth plans. 

Read More: Kotak Mahindra Bank Board to Meet on November 21, 2025 to Consider Stock Split! 

Karnataka Bank Share Price Performance  

As of November 17, 2025, at 09:16 AM, Karnataka Bank share price is trading at ₹175.90 per share, reflecting a surge of 1.50% from the previous closing price. Over the past month, the stock has declined by %. 

Conclusion 

The appointment of Raghavendra S. Bhat marks a significant phase in Karnataka Bank’s leadership transition. With decades of experience within the institution, he steps into the top role with deep operational understanding and continuity at the core of the bank’s future direction. 

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