Karnataka Bank bags ET Now - BFSI Awards.
Deepthi | Myequity news | Date : 16-02-2019 22:10:00 IST
Karnataka Bank has bagged ‘Bank with Best Technology orientation’ and ‘Best Corporate Social Responsibility Practices’ awards instituted by ET Now - World BFSI Congress.
Shri Mahabaleshwara in S, Managing Director & CEO received the awards in a glittering function held at Mumbai, on 14-02-2019. “Winning ‘Bank with Best Technology orientation' award bears testimony to our sustained commitment in offering the latest developments in the digital technology space to our Banking products thus empowering our customers with seamless banking experience. We are also humbled to receive ‘Best Corporate Social Responsibility Practices' award in recognition of the Bank's contribution in improving the quality of lives of less privileged sections of the society. Winning these prestigious awards have surely put.”
Karnataka Bank has introduced new Term Deposit scheme for 475 days with rate of Interest 7.75%. The above rates are effective from 16-02-2019. Further, Resident Senior Citizens are eligible for additional 0.50% interest over the General rate and thus the effective rate is 8.25% under the said scheme.