The foundation stone has been laid for establishment of the Centenary building of Karnataka Bank in Mangaluru on 15 October 2021.
Established in 1924, the bank will observe its Centenary Year during FY24. The proposed new building will be capable of housing various operations for future banking.
The new building will be constructed adjacent to the present Head Office premises of the bank and will be of 2.41 lakh sq ft of area. The proposed new building will be a state-of-the-art infrastructure capable of housing various operations for future banking.
In August of 2021, the bank performed the foundation stone laying ceremony of its proposed own new Regional Office building for the Kolkata Region at New Town, Kolkata.
The seven-storey regional office building to be constructed in 31,500 sq ft area will also house a bank branch.