February 7, 2018 / 10:32 AM / in 4 months

BRIEF-Karnataka Bank Raises Deposit Interest Rates

Feb 7 (Reuters) - Karnataka Bank Ltd:

* SAYS RAISES DEPOSIT INTEREST RATES

* INTEREST ON DOMESTIC TERM DEPOSIT FOR PERIOD OF 1 YEAR TO 449 DAYS REVISED TO 7.1 PERCENT FROM 6.9 PERCENT FOR DEPOSITS UP TO 100 MILLION RUPEES

* SAYS INTERESTS ON DOMESTIC TERM DEPOSIT FOR 451 DAYS TO 2 YEARS STANDS REVISED TO 7.10 PERCENT FROM 6.90 PERCENT‍​

* NEW SLAB OF 450 DAYS INTRODUCED WITH RATE OF INTEREST OF 7.25 PERCENT Source text: bit.ly/2BcrSLH Further company coverage:

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