Mahabaleshwara M S, Managing Director & CEO, commented on the event, saying, "Since its appointment as an Agency Bank by the Reserve Bank of India (RBI), Karnataka Bank has been actively engaged in government business."
He added, “Now, with this Khajane-II (K.2) integration in an automated environment, the Bank will be bolstering the Government's efforts to execute different sponsored programmes for direct credit in a safe, secure, and faster way to the targeted beneficiaries' bank accounts.”
The bank will continue to engage and cooperate with the Government of Karnataka in implementing its numerous efforts to benefit the people through its technology and digital-led solutions, said Mahabaleshwara.
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