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Karnataka Bank Ltd. Regulatory Filings 2021

Jul 7, 2021

61811_rns_2021-07-07_226ee096-2a7b-4086-9431-3ea944458ffb.pdf

Regulatory Filings

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Yoiir Famlly Bent, Across lndla.

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

PPhone : 0824-2228222 E-Mail : [email protected] Website : www.kamatakabank.com CIN : L85110KA1924PLCO01128

SECRETARIAL DEPARTMENT

July 7, 2021 TJryo / s;Hc /78 / 2JffR:i-22_

The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza,C-1, Block G Bandra-Kurla Complex, Bandra q]) MUMBAI400051

The General Manager, BSE Linrited Corporate Relationship Dept Phiroze Jeejeebhoy Towers Dalal Street, NIMBAI400001

Scrip Code: KTKBANK

Scrip Code: 532652

Dear Sir,

Reg.: Intimation under Regulation 30 : Penalty imposed by the RBI on the Bank.

Pursuant to Regulation 30 of the SEBI (LODR), Regulations, 2015, we wish to inform that the Reserve Bank of India q2BI), vide email dated July 7, 2021, has imposed a monetarry penalty of Rs. 1 Crore quupees one crore only) on the Bank for contravention of the directions contained in RBI Circulars on Lending to Non-Banking Financial Companies (NBFCS)' andBank Finance to Non-Banking Financial Companies (NBFCS)' while sanctioning credit facilities to in/s. Infrastructure Leasing and Financial Services Ltd.(IL&FS) and its group companies.

We further inform that, as Bank had already made full loan provisiorL there is no other financial impact other than the penalty amount.

We request you to take the above information on record.

This disclosure will also be hosted on the Bank's website www.karnatakabank.com.

Thank you,