The Hindu Business Line : Sunday, May 16, 2004

SHIPPING
Mercator Lines to pay 50 pc
THE board of directors of Mercator Lines Ltd, which operates in the liquid bulk segment, has announced a dividend of 50 per cent for the fiscal 2003-04. Following a series of tanker acquisitions, the company has clocked an income of Rs 242.24 ... More

PRIVATE BANKS
Lord Krishna Bank's net up 14 per cent
THE net profit of Lord Krishna Bank has grown by 14.32 per cent to Rs 26.35 crore for the year 2003-04 from the previous year's Rs 23.05 crore. Total deposits with the bank has grown by 39 per cent to Rs 2,311 crore (Rs 1,663 crore), while the ... More

Dhanalakshmi Bank net up at Rs 17.5 cr
THE net profit of the Thrissur-based Dhanalakshmi Bank has grown to Rs 17.48 crore (Rs 15.02 crore) for the year 2003-04. The bank has also made a provision of Rs 8.67 crore towards VRS for its employees. The total deposits with the bank have ... More

PUBLIC SECTOR BANKS
PNB net rises 32% at Rs 1,109 cr
PUNJAB National Bank (PNB) has recorded net profit of Rs 1,108.69 crore for 2003-04, a 31.6 per cent jump over the previous year's net of Rs 842.20 crore. The bank's operating profit rose by 34.7 per cent to Rs 3,120.86 crore from Rs 2,317.29 ... More

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