business

Karnataka Bank expects credit growth of 25-30% in FY12

Speaking to CNBC-TV18, P Jayarama Bhat, managing director of Karnataka Bank, said that the bank expects credit growth of 25-30% and deposit growth of 20% in FY12. The bank has also increased its base rate to 10.25% with effect from today.

first published: May 24, 2011 10:51 am