
Business Update12 Oct 2026, 05:00 pm
Karnataka Bank Launches Digital Trade Platform 'Trade Konnect'
AI Summary
Karnataka Bank has launched 'Trade Konnect', a new digital platform designed to streamline import, export, and outward remittance transactions. This platform allows customers to submit requests online, anytime and anywhere, eliminating the need for physical branch visits. The launch is part of the bank's digital transformation initiative aimed at enhancing customer experience and supporting businesses involved in international trade and foreign remittances. The platform was formally launched by MD & CEO, Shri Raghavendra S Bhat, and developed in partnership with Kyzer Software (India) Pvt. Ltd.
Key Highlights
- Launched 'Trade Konnect' digital platform for forex and remittance.
- Enhances customer experience and digital transformation.
- Supports businesses in international trade and remittances.
- Enables online submission of import, export, and outward remittance requests.
Price Impact
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