Incorporated in 1924, Karnataka Bank (KTK) is one of the oldest private sector banks. It offers wide variety of corporate and retail banking products and services to around 8 million customers. It forayed into General Insurance business as a JV partner in Universal Sompo General Insurance. KTK has a business turnover of Rs 93,222cr from 2,075 service outlets with 738 branches, 3 Extension Counters and 1,334 ATMs in 486 centres across India as on Dec 31, 2016.