Karnataka Bank becomes part of Khajane II IFMS

Karnataka Bank becomes part of Khajane II IFMS: Karnataka Bank has now become the participant of the Treasury Department’s Khajane-II (K2) integrated financial management system (IFMS).

September 2022 Current Affairs Quiz

Reason: For implementing the Single Nodal Agency (SNA) account system for Centrally Sponsored Schemes (CSS).

The bank will continue to engage and cooperate with the Government of Karnataka in implementing its numerous efforts to benefit the people through its technology and digital-led solutions.