Karnataka Bank's head of treasury resigns

Karnataka Bank Limited has announced the resignation of Ramachandra K Gurumurthy, its head of treasury. The resignation, submitted for personal reasons on October 3, 2025, was communicated to both the National Stock Exchange of India Limited and BSE Limited on October 10, 2025. The company confirmed that Gurumurthy's resignation is effective immediately.

The Bank, headquartered in Mangaluru, stated that the change in management and the exact date of Gurumurthy's exit will be disclosed in due course, following the completion of internal formalities. The announcement was made by Sham Kanathila, company secretary & compliance officer of Karnataka Bank.

Gurumurthy, in his resignation letter, expressed gratitude for his challenging and fulfilling experience at the bank and extended his best wishes for its future endeavors.