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Karnataka Bank News

10 Feb 2024

Banks Revised FD Interest Rates This Month

The interest rates on a fixed deposit (FD) remain constant from the time the FD account is initiated, unlike market-driven investments where returns fluctuate over time.

01 Jan 2019

Karnataka Bank revises up 1-year MCLR by 0.15%

The revised marginal cost of fund-based lending rate (MCLR) are effective from January 1, 2019, the bank said in a regulatory filing.

01 Apr 2017

Karnataka Bank revises MCLR

The overnight MCLR will be 0.50 percent less at 8.40 percent while for one month loan, it is being reduced by 0.55 percent to 8.45 percent, the bank said in a BSE filing.

LIC Mutual Fund Asset Management Company

29 Sep 2016

LIC MF inks mutual fund distribution pact with Karnataka Bank

LIC Mutual Fund Asset Management Company said it has tied up with Karnataka Bank for distribution of its mutual fund products through over 730 branches of the bank.

30 May 2015

Karnataka Bank cuts lending rate by 0.25%

Private sector Karnataka Bank on Saturday cut base rate or minimum lending rate by 0.25 percent to 10.50 percent, a move which will lead to lower EMIs for its customers.

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