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Thursday, Mar 10, 2005

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Karnataka Bank CoD gets `A1+'

Our Bureau

Mangalore , March 9

KARNATAKA Bank Ltd has secured `A1+' rating for its Certificate of Deposit programme.

A bank release said here on Wednesday that this indicates highest credit-quality rating assigned by ICRA to short-term instruments. Instruments rated in this category carry the lowest credit risk in the short term, the release added.

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