Date:20/03/2006 URL: http://www.thehindubusinessline.com/2006/03/20/stories/2006032001441400.htm

Back Karnataka Bank's DP services

Our Bureau

Mangalore, March 19

Karnataka Bank has launched CDSL-DP services at select branches. A bank release said the service would be extended soon to more centres such as Chennai and New Delhi. Quoting Mr V.V. Raut, Managing Director and Chief Executive Officer of Central Depository Services (India) Ltd, the release said, "We are delighted with the commencement of DP (depository participant) operations by Karnataka Bank."