The Hindu Business Line : Karnataka Bank revises rates

Karnataka Bank Ltd has revised interest rates on term deposits with effect from January 1. A bank release said here on Saturday that the interest rate on term deposits of one year to less than two years would be 8.75 per cent (8.50 per cent) and of two years to less than three years would be 9 per cent (9.25 per cent). Interest rate on term deposits of three years to five years would be 9.25 per cent (9.50 per cent). Domestic term deposits of senior citizens with maturity period of one year and above would attract 0.75 per cent more compared to the deposits of the general public, the release added.

— Our Bureau

More Stories on : Interest Rates | Fixed Deposits | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Open to jt ventures in transmission: PowerGrid

Steel capacity to touch 60 mt by this fiscal end

Bengal tops in unorganised sector manufacturing units

A satisfying year for the FMCG sector

IIT-B alumni set up fund to attract young faculty

Career Launcher setting up new B-school

Apparel brands button-up focus in 2007

Textile industry woes flow into engineering sector

Karnataka Bank revises rates

DoT crackdown on global calling card providers

Minimum export price for rice hiked