MONEY & BANKING
DIVIDEND ANNOUNCEMENT
Syndicate Bank pays final dividend
Syndicate Bank has paid a final dividend of Rs 45.1 crore to the Central Government for the financial year 2006-07. The cheque was presented to the Union Finance Minister, Mr P. Chidambaram, by the bank’s Chairman and Managing Director, Mr ...
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FINANCIAL PERFORMANCE
ICICI net rises 25%
Advances, fee-income grow in Q1
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ICICI Bank: Higher growth on retail loans, fee income
Chennai, July 21 ICICI Bank’s 25 per cent growth in net profits for the first quarter was in line with market expectations. The few banks that have so far come out with their numbers, including public sector banks, have all ...
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State Bank of Mysore net up 43%
State Bank of Mysore (SBM) has reported a 43 per cent increase in net profit for the first quarter of this financial year 2007-08 to Rs 72.84 crore. In a press release here today, the bank said that operating profit at the end of first quarter ...
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SBT net climbs 62% at Rs 87.3 cr
State Bank of Travancore (SBT) has posted a net profit of Rs 87.28 crore during the three-month period ended June 30, 2007, which marks a 62.05 per cent increase over Rs 53.86 crore recorded in the corresponding period last year.The ...
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Indian Bank Q1 net up 28%
Interest income rises to Rs 1,203 cr; NIM maintained at 3.41%
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HOUSING FINANCE
Before you borrow to buy that dream house…
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PUBLIC SECTOR BANKS
August SBI Futures: Sell
The August SBI Futures contract, which closed at Rs 1,603.60 at the NSE on Friday, presents a good short-term investment opportunity. The underlying SBI stock closed at Rs 1,584.25 in the cash market last week. At these levels, the August ...
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Central Bank of India — IPO: Avoid
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OUTLOOK
BNP Paribas keeps options open on further investment
Kolkata, July 21 BNP Paribas Leasing Group, the €15-billion international equipment leasing arm of BNP Paribas, now in strategic partnership with Srei Infrastructure Finance, will consider further investments in India only on a ...
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