Karnataka Bank launches Current & Savings Accounts campaign

Karnataka Bank Ltd has launched a special current account and savings bank account campaign. Under the nationwide campaign from November 15, 2012 to February 28, 2013, the bank intends to open more than 5 lakhs current & savings accounts by undertaking door to door canvass by its entire work force.

The bank will extend free of charge add-on facilities such as International VISA Debit Card which can be used at ATMs and Merchant Outlets, Internet Banking, Mobile Banking, SMS alert facilities to enhance the convenience of anywhere banking facility 24x7. The current account customers like traders, MSME customers can avail the Point of Sales (POS) services to enhance their business opportunities.

The bank aims to cross 50 lakhs current & savings bank customer base by March 2013 from the current 45 lakhs accounts.

The Karnataka Bank Ltd stock closed the day at Rs.141.65, down by Rs.3.60 or 2.48%. The stock hit an intraday high of Rs.147 and low of Rs.140.40.

The total traded quantity was 8.59 lakhs compared to 2 week average of 5.99 lakhs.

Source : Equity Bulls

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