Karnataka Bank fixes January 29 as record date for payment of interest on bonds

The interest payment date for subordinated debt (Tier 2) bonds worth Rs320cr is February 18, 2021.

Jan 14, 2021 10:01 IST India Infoline News Service

Karnataka Bank
Karnataka Bank on Wednesday has fixed January 29 as the record date for payment of interest on subordinated debt (Tier 2) bonds worth Rs320cr. The interest payment date is February 18, 2021.

The Bank has posted a net profit of Rs135.37cr for the third quarter of the current financial year with a growth rate of 9.93% as against Rs123.14cr of net profit earned during the corresponding quarter of the previous year.

Karnataka Bank Ltd ended at Rs66.90 per piece up Rs0.05 or 0.07% on the BSE.

Related Story