India News | Former Karnataka Bank Chairman Jayaram Bhat Dead

Get latest articles and stories on India at LatestLY. Former chairman of the Karnataka Bank and a distinguished figure in the banking world, P Jayaram Bhat, died at a hospital here on Wednesday after he suffered cardiac arrest, family sources said.

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Mangaluru, Aug 9 (PTI) Former chairman of the Karnataka Bank and a distinguished figure in the banking world, P Jayaram Bhat, died at a hospital here on Wednesday after he suffered cardiac arrest, family sources said.

Bhat was 72. He collapsed at the airport while returning home from Mumbai after attending a meeting. Though he was rushed to a city hospital for treatment, his life could not be saved, they said.

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He is survived by wife, son and a daughter.

Bhat, who earned a reputation as a banking luminary over the course of three decades, retired after leading the Karnataka Bank, a renowned private sector institution in the country's financial landscape.

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Bhat, who assumed the role of managing director and CEO of the bank on July 14, 2009, led the bank for three consecutive terms.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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