Raises Deposit Interest Rates

Karnataka Bank

29/06/2022 15:35

June 29 (Reuters) - Karnataka Bank Ltd  KBNK.NS :
    * KARNATAKA BANK LTD - KARNATAKA BANK RAISES DEPOSIT
INTEREST
RATES
    * KARNATAKA BANK LTD - 10 BPS INCREASE FOR 1 TO 2 YEARS
PERIOD
DEPOSITS AS WELL AS ABOVE 2 YEARS TO 5 YEARS DEPOSITS
    * KARNATAKA BANK LTD - RATE OF INTEREST FOR 1-2 YEARS
DEPOSITS
WILL BE 5.35 % P.A. AND ABOVE 2 YEARS TO 5 YEARS RATE WILL BE
5.50 % P.A
    * KARNATAKA BANK LTD - RATES ARE EFFECTIVE FROM JULY 01

Source text for Eikon:  ID:nBSE2WB2Fb 
Further company coverage:  KBNK.NS 

 ((Reuters.Briefs@thomsonreuters.com;))