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Mangalore, April 20

Karnataka Bank has increased interest rates on NRE deposit scheme with effect from April 19. bank release said here on Thursday rates had been increased to 6.29 per cent (6.04) on maturities of one year to less than three years; and to 6.27 per cent (6.02) on maturities of three years to five years.

(This article was published in the Business Line print edition dated April 21, 2006)
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