Money & Banking

Karnataka Bank hikes deposit rates

Our Bureau Mangalore | Updated on January 23, 2011 Published on January 23, 2011




Karnataka Bank Ltd has increased the rate of interest on different maturities of term deposits by 50 basis points to 100 basis points with effect from January 21. A bank release said here on Thursday that the revised rates are applicable to all fresh deposits and renewals of maturing deposits from January 21.

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Published on January 23, 2011
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