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Saturday, April 29, 2006
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MONEY & BANKING

FINANCIAL PERFORMANCE


Bank of India Q4 net zooms on higher income
Plans life insurance foray with overseas partner More

YES Bank Q4 net rises to Rs 15.32 cr
YES Bank's net profit rose to Rs 15.32 crore for the fourth quarter ended March 31, 2006, against Rs 94 lakh in the same quarter last year, due to growth in advances and interest income. Total income was Rs 101.34 crore (Rs 26.74 crore). Net ... More

Exim Bank posts 5-pc rise in profit
Export-Import Bank of India reported a five per cent increase in its net profit at Rs 271 crore for the year ended March 2006. It reported a 20 per cent increase in pre-tax profit at Rs 377 crore. The bank said it would pay Rs 86.75 crore to ... More

Union Bank net down 65 pc
Declares 35 pc dividend; NPAs decline More

Mahindra Fin net up 32 pc
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) on Thursday reported a 32-per-cent rise in its net profit for 2005-06 to Rs 108 crore from the previous corresponding Rs 82 crore. Income from operations grew 47 per . More

Magma Leasing net up at Rs 8.98 cr
Magma Leasing Ltd, for the quarter ended March 31, 2005, has achieved total disbursements of Rs 663.2 crore, an increase of 28.5 per cent over that for the corresponding quarter of 2004-05 at Rs 516 crore. Profit after tax for ... More

LIFE INSURANCE


Aviva Life's bet on bancassurance pays off
More

INFORMATION TECHNOLOGY


More than system inadequacy
Tech must detect "fuzzy matches" too More

CREDIT RATING


ICRA puts Karvy under watch
ICRA has placed the `LA' rating assigned to the Rs 50-crore NCD programme of Karvy Stock Broking on rating watch with negative implications. The positive outlook assigned to the rating has been withdrawn. The action factors in ... More

INTEREST RATES


BoB to hike deposit, PLR rates
To finalise partner for bancassurance soon More

PEOPLE


SBI-Lucknow circle gets new CGM
Mr Shiva Kumar has taken over as Chief General Manager of SBI, Lucknow Circle. He succeeds Mr P Bhashyam who has been transferred to the bank's Inspection and Management Audit Department, ... More

AIG Global Real Estate's new head
Mr Rajesh Agarwal has been appointed as the Head of AIG Global Real Estate Division-India, effective April 15. According to a release, Mr Agarwal will be responsible for spearheading AIG's Global Real Estate division's business ... More


Cross Currency Rates
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Top Stories
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Birla, Lodha tussle over commercial space

Bank of India Q4 net zooms on higher income

More than system inadequacy

Rush for shifting DP accounts

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Steady rise in airline passenger traffic

Sops likely for airlines linking metros, small towns

Infrastructure growth faulty: Report

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In Depth

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Looking back
Apr. 16-Apr. 22
Bank credit up 3.7 pc in last fortnight of 2005-06

IRDA to act tough against erring officials

Bond traders look to Credit Policy for cues

ICICI Pru launches cancer care product

HDFC Bank net up 30% on rise in fee, interest income

Inflation kept under check: RBI

An exercise in political economy

IOB sells 36 kg gold on launch day

SBI Caps in expansion mode

IDBI net at Rs 201 cr in Q4 on better recovery

Insurers get ready for deregulation of tariffs



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