Financial Daily from THE HINDU group of publications
Thursday, Jun 24, 2004
Financial Daily from THE HINDU group of publications Thursday, Jun 24, 2004 |
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Money & Banking
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Private Banks GTB gets extension for declaring results Our Bureau
Hyderabad , June 23 GLOBAL Trust Bank Ltd (GTB) has sought and obtained an extension of time from the Reserve Bank of India for publishing the accounts for the financial year 2003-04 in terms of Section 31 of the Banking Regulation Act, 1949. In a communiqué to stock exchanges on Wednesday, the bank said the extension was obtained in view of certain important and positive developments relating to the bank's capital raising programme. According to GTB, the apex bank has granted time up to August 31 to the bank for publication of the accounts. The financial results for the first quarter of current fiscal ended June 30, 2004 would also be furnished by August 31, the bank said.
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