Karnataka Bank Relies on Sun for Business Continuity Solution
Growing Indian financial institution wanted to improve performance and reliability of its data storage solution. The organization also sought a way to improve its disaster recovery and business continuity capabilities. The bank implemented Sun storage systems and tape libraries, which helped streamline operations, increase storage capacity, reduce storage costs and improve disaster recovery capabilities.
Karnataka Bank to raise Rs 500 crore; Q4 net profit surges 37% | Top News
Karnataka BankMangalore-based Karnataka Bank has informed that the Board of Directors of the Bank at its meeting held on May 25, 2009, has resolved to seek shareholders approval to raise Rs 500 crore through qualified institutional placement (QIP).