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Question

On 17th, October 2022 the Karnataka Bank launched a term deposit scheme named the KBL Centenary Deposit Scheme for its customers. Who is the Chairman of Karnataka Bank?

A Hasmukh Adhia Correct Answer Incorrect Answer
B P Pradeep Kumar Correct Answer Incorrect Answer
C Prakash Chandra Correct Answer Incorrect Answer
D Shri A S Rajeev Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The scheme is launched to honor the amazing journey towards its Centenary and to thank its customers, with a higher rate of interest in which for a period of 555 days, the interest rate of 7.20% p.a. Senior citizens will pay an interest rate of 7.60% annually.

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