New Delhi, Nov. 22 -- Healthcare and personal products maker, Cupid Ltd's Chairman and Managing Director, Aditya Kumar Halwasiya, has purchased a bulk deal amount of equity shares in the private sector institutional lender Karnataka Bank on Friday, 21 November 2025, according to an official announcement.

Halwasiya's move to purchase a bulk stake in Karnataka Bank comes amid the institutional lender's plan to transform its business and its balance sheet in efforts to improve asset quality and implement technological upgrades.

"Investors tracking the development believe that this may be the start of a more strategic entry into Karnataka Bank, with the potential for significant value creation over the medium to long term as the bank contin...