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Karnataka Bank assures customers of financial stability amid leadership changes, refutes rumors.
Karnataka Bank assures its customers and stakeholders that the recent resignations of its Managing Director and Executive Director do not reflect financial issues.
The bank states it is financially sound, with a Capital Adequacy Ratio of over 19.85%, and is taking legal action against media spreading false rumors.
Officials emphasize the bank's commitment to depositor safety and urge the public to rely on official communications.
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Karnataka Bank asegura a los clientes la estabilidad financiera en medio de cambios de liderazgo, refuta los rumores.