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Karnataka Bank launches special loan campaign

02 Sep 2015 Evaluate

Karnataka Bank, one of the leading private sector banks of India has launched a pan India Special Campaign for its Home and Car Loan schemes with attractive terms. The campaign was started on September 01, 2015 and will go up to December 31, 2015. The loans extended during the campaign period shall have the benefit of lower interest rate, longer loan period, lower EMIs, quick sanction and reduced processing fee etc.

Karnataka bank has posted a rise of 65.52% in its net profit at Rs 134.42 crore for the quarter ended March 31, 2015 as compared to Rs 81.21 crore for the same quarter in the previous year. Total income of the bank has increased by 11.55% at Rs 1308.04 crore for quarter under review as compared to Rs 1172.58 crore for the quarter ended March 31, 2014.

Peers
Company Name CMP
HDFC Bank 684.25
ICICI Bank 1394.00
Axis Bank 1225.20
Kotak Mahindra Bank 462.00
Indusind Bank 854.60
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