Karnataka Bank partners with Pine Labs for Point-of-Sale (PoS) services

Exam-focused facts from the 24 April 2026 current affairs briefing.

Key facts

Karnataka Bank has entered into a partnership with Pine Labs to provide point-of-sale (PoS) solutions.
The collaboration aims to provide advanced PoS terminals to retail and Micro, Small and Medium Enterprises (MSME) customers.
The digital payment services will be available at all branches of Karnataka Bank across the country.
Karnataka Bank reported a 2.5% increase in standalone net profit to ₹290.79 crore in Q3 FY26 compared with Q3 FY25.
The bank's total income for Q3 FY26 declined by 0.51% to ₹2,522.35 crore compared with Q3 FY25.