MONEY & BANKING
FINANCIAL PERFORMANCE
Corporation Bank Q1 net rises on higher volumes
Increase in deposits cost, pressure on margins fail to make much impact
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Allahabad Bank Q1 net up 56%
Kolkata, July 14 Allahabad Bank has registered a 56.26 per cent growth in net profit at Rs 200.4 crore during the first quarter of 2007-08 from Rs 128.25 crore in the corresponding period last year.According to Mr A.C. Mahajan, Chairman ...
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GENERAL INSURANCE
Road caution: 38 m non-insured vehicles added every year
Insurance council plans to set up Indian Motor Bureau
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PUBLIC SECTOR BANKS
IDBI Bank, Sumitomo tie up for carbon credits
Chennai, July 14 IDBI Bank has tied up with Sumitomo of Japan for trading in carbon credits, the bank’s Executive Director, Mr Pradip Roy, said on Saturday.Speaking to Business Line on the sidelines of a seminar here, Mr ...
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Corporation Bank: Buy
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Chidambaram to meet PSB chiefs on Aug 1
New Delhi, July 14 Public sector banks’ (PSBs) lending to minorities is set to once again come under Government scanner. These banks have now been asked to submit to the Government the status of their branch opening efforts in the 121 ...
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OVERSEAS INVESTMENTS
Vijaya Bank to open overseas branch shortly
Hubli, July 14 The Executive Director of Vijaya Bank, Mr T. Valliappan, has said that the bank would be opening its first overseas branch shortly and had already got the RBI assent for the same. Speaking to presspersons here on Friday, ...
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