Karnataka Bank Ltd became part of the Khajane-II (K2), Integrated Financial Management System (IFMS) of the Treasury Department, Government of Karnataka for implementing a Single Nodal Agency (SNA) account system for Centrally-sponsored schemes.

Key points 

  • The bank will continue to partner with the Karnataka government for implementing its various initiatives towards welfare of the public.
  • The Bank will help the Government for the disbursement of cash benefits to the targeted beneficiaries through direct credit to their bank accounts in a safe, secure and speedier manner.

  • The bank, through its technology and digital led solutions, will continue to assist the Government of Karnataka for implementing its various initiatives towards welfare of the public.

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