KTKBANK.NS Shariah Compliance
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Karnataka Bank Ltd. Stock Analysis KTKBANK.NS
Karnataka Bank Ltd. is a banking company engaged in the provision of banking and financial services. The company is headquartered in Mangalore, Karnataka and currently employs 8,907 full-time employees. The company went IPO on 2000-12-21. Its segments: Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations. The Corporate and Wholesale Banking business encompasses a diverse portfolio tailored to meet the needs of large companies, public enterprises, and private firms. Within the Retail segment, the Company offers an array of credit products, such as home loans, automobile loans, personal loans, education loans, loans against term deposits, loans against securities, gold loans, small business loans and agriculture loans. The Treasury operations encompass a range of activities aimed at managing statutory reserves, liquidity, investments and foreign exchange. The company Other Banking Operations includes mutual funds, depository services, priority sector lending, and others.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.