The board of directors of Karnataka Bank Ltd has appointed two additional directors. The bank informed the stock exchanges that the board, which met on February 19, has appointed Ullal Ravindra Bhat, Mumbai, and Keshav Krishnarao Desai, Hubballi, as Additional Directors of the bank.
Bhat, who is an investment advisor, is the Director of Dalton Capital Advisors (India) Pvt Ltd. He was on the board of directors of the bank from January 28 2006 to January 27 2014.
Desai is the Managing Partner of Desai Group of concerns from Hubballi in Karnataka. His group has dealerships for Tafe Ltd and Force Motors Ltd. He is also into the real estate business, the release said.