Archive · 17 Nov 2025
Raghavendra Bhat Appointed Karnataka Bank MD & CEO for One Year
A bank called Karnataka Bank has a new leader.
His name is Raghavendra Bhat, and he will be the boss, called the Managing Director and CEO, for one year starting on November 16, 2025.
The Reserve Bank of India, which is like the big bank supervisor, said it was okay.
This is not his first job at the bank; he has worked there for 38 years and has held other important roles, including Chief Operating Officer.
He was chosen to make sure the bank keeps running smoothly after the last leaders left their jobs.
Raghavendra Srinivas Bhat appointed as MD & CEO of Karnataka Bank for one year, effective November 16, 2025.
The appointment received approval from the Reserve Bank of India (RBI).
Bhat previously served as an Additional Director and interim MD & CEO following earlier resignations.
He has a 38-year career with Karnataka Bank, having risen through the ranks from clerk to Chief Operating Officer.
The appointment aims to ensure operational continuity after the resignations of the former MD & CEO and Executive Director.
- Who
- Raghavendra Srinivas Bhat
- What
- Appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Karnataka Bank
- When
- Effective from November 16, 2025, for a period of one year.
- Where
- Karnataka Bank
- Why
- To ensure continuity in operations following previous top-level exits.
- Appointee
- Raghavendra Srinivas Bhat
- New Position
- Managing Director (MD) & Chief Executive Officer (CEO)
- Tenure
- One year
- Effective Date
- November 16, 2025
- Regulatory Approval
- Reserve Bank of India (RBI)
- Bhat's Prior Role
- Additional Director, Managing Director and CEO (interim), Chief Operating Officer (COO)
- Bhat's Career Length
- 38 years at Karnataka Bank