New Delhi, Nov. 25 -- CUPID Chairman and Managing Director Aditya Kumar Halwasiya has bought an additional 45 lakh shares worth Rs.90 crore on Monday, 24 November, in Quant Mutual Fund-owned Karnataka Bank, according to data available on the National Stock Exchange (NSE).

Last Friday, Cupid's CMD made a bulk deal by purchasing 38 lakh shares worth approximately Rs.71 crore in the private sector banking institution.

"The fresh round of buying is being read as a strong vote of confidence in Karnataka Bank's ongoing turnaround and growth plan, which includes balance sheet strengthening, technology upgrades and an increased focus on profitability and governance. The follow-up purchase signals a sizeable commitment and alignment with the ban...