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Karnataka Bank Ltd. Capital/Financing Update 2021

Aug 25, 2021

61811_rns_2021-08-25_f6e23a34-9ef4-45d9-b019-d101d05440c4.pdf

Capital/Financing Update

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Regd. & Head Office P. B. No.599, Mahaveera Circle Kankanady Mangaluru - 575 002

Your Family Bank, Acros8 India.

Phone : 0824-2228222 Fax: 0824-2225587 E-Mail : [email protected] Website : www.kamatakabank.com CIN : L85110KA1924PLC001128

SECRETARIAL DEPARTMENT

25.08.2021

HO:SEC:102:2021-22

  1. The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza,C-1, Block G Bandra-Kurla Complex, Bandra (E) MUMBAI-400 051

  2. The General Manager BSELimited Corporate Relationship Dept Phiroze Jeejeebhoy Towers Dalal Street MUMBAI-400 001

Scrip Code: 532652

Dear Sir,

We enclose copy of the press communique released by us for your kind information.

Thank You, Yours faithfully,

atil P ANY SECRET ARY

Scrip Code: KTKBANK

\$ Karnataka ~!J.ll!J!t

Regd. & Head Office P. B. No.599, Mahaveera Circle Kankanady Mangaluru - 575 002. Phone : 0824-2228325 Fax: 0824-2225587 E-Mail : [email protected] Website : www.karnatakabank.com CIN : L85110KA1924PLC001128

BRANCH BANKING AND DIGITAL CHANNELS DEPARTMENT

PRESS RELEASE August 25, 2021

Karnataka Bank launches KBL FASTag

Karnataka Bank today launched its "KBL FASTag", a pre-loaded payment instrument to facilitate seamless movement of vehicles at the toll plazas across India, in association with NPCI (National Payment Corporation of India) and M/ s Worldline, the FASTag processor.

Speaking on the occasion of launching of the service, Mr. Mahabaleshwara MS, Managing Director & CEO of the Bank said that "the FASTag facilitates the users with the ease and convenience during transit through the toll plaza by saving time, fuel and money. Customers can procure FASTag through online from Bank's website or by approaching the nearby branch. F ASTag can be pre-loaded digitally for the required amount and can be recharged online through Credit Card/Debit Card/Net Banking/IMPS etc. The applicable toll amount gets automatically debited through the sensors at toll plaza. Instant SMS alerts are also sent to the registered mobile number for the toll transactions, balance maintenance, etc. KBL FASTag can be used across all the toll plazas throughout the country which are registered in National

Electronic Toll Collection (NETC) program and in future its utility can also be enhanced to pay Parking fees, Fuel charges etc. I am sure that, KBL FASTag will meet the aspirations of our customers as well as the general public".

Raja B.S GENERAL MANAGER