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Karnataka Bank has entered into partnership with FISDOM

Published on April 12, 2024
Current Context: On April 10, 2024, Karnataka Bank announced a partnership with FISDOM to offer a 3-in-1 account which includes savings, demat, and trading accounts.
Karnataka Bank has entered into partnership with FISDOM
  • This service is available through Karnataka Bank’s mobile banking app, ‘KBL Mobile Plus’.
  • The partnership aims to enhance the current value proposition by enabling customers to invest in stocks and mutual funds.
  • The 3-in-1 facility allows customers to streamline their investment journey by consolidating their demat and trading accounts.
  • This integration eliminates the need for multiple platforms, simplifying account management and enhancing the overall user experience.
  • Sekhar Rao, the Executive Director of Karnataka Bank, stated that through this partnership, the bank aims to redefine the landscape of financial services by offering a holistic solution that combines convenience, efficiency, and reliability.
  • Subramanya SV, the Chief Executive Officer and Co-Founder of FISDOM, expressed his pleasure to expand their association with Karnataka Bank Ltd in order to offer their complete range of investment offerings.


Q.1 What type of account is Karnataka Bank offering in partnership with FISDOM?
a. Savings account
b. Demat account
c. Trading account
d. All of the above
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