For below Rs2.00 crore deposits invested for 7 days to 90 days, Bank will now offer 5.25%. For the same period, on deposits of Rs2 crore to Rs10 crore, the revised rate will be 5.60%.
For a maturity period of 1 to 2 years, interest rates on below Rs2 crore deposits are increased to 6.40%. The revised rates for Rs2 crore to Rs10 crore for the same period will be 6.50%.
This revised interest rates will be effective from September 29, 2022, the Bank said in a regulatory filing on Wednesday.
On Thursday, at around 9:44 AM, Karnataka Bank Ltd is currently trading at Rs78.40 per share up by Rs1.75 or 2.28% from its previous closing of Rs76.65 per share on the BSE.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
