2022
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI Bank
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Kota Bank
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Karnataka Bank
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Kotak Mahindra Bank
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Detailed explanation-1: -Karnataka Bank has introduced a new term deposit scheme, KBL Amrit Samriddhi, under ACC and fixed deposit for a tenure of 75 weeks (525 days). The interest rate for this deposit scheme is 6.10% per annum. The scheme has been introduced on the occasion of Azadi Ka Amrit Mahotsav.
Detailed explanation-2: -“I also wish to inform our esteemed shareholders that, as a precursor to the Centenary year 2023-24, the Bank has launched a Term Deposit Scheme, “KBL Centenary Deposit Scheme", with an attractive rate of interest of 7.20% for the general public and 7.60% p.a. for Senior Citizens.
Detailed explanation-3: -Baroda Tiranga Deposit Scheme is a special term deposit product scheme that is offering now an interest up to 7.50% along with 0.50% extra for senior citizens and 0.25 % for no callable deposits. 3/5. Baroda Tiranga Deposit Scheme tenors. The scheme is of two tenors – 444 days and 555 days.