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?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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