The Hindu Business Line : Thursday, January 19, 2006

SBI Caps in alliance with CLSA
SBI Caps and CLSA will jointly work on large deals in equity capital markets, mergers & acquisitions and advisory space. The parties will also co-operate closely in research. More

INSIGHT

Operational risk management — How banks can manage the unknown
WHAT if suddenly ATMs stopped vending crisp notes, bank branches closed for few days, the data centre of major banks shut down, busy operations in dealing rooms of major banks come to a halt and banking personnel don't reach their offices. ... More

FOREX

Rupee sheds 7 paise; gilts decline
MUMBAI: The rupee lost against the dollar for the second day in a row on Wednesday as it tracked overseas currencies' movement. The thinning of foreign fund inflows, as seen in the weak domestic equity market, was another reason for the ... More

INFORMATION TECHNOLOGY

Any hole in the wall here?
Citibank pioneered ATMs in India, ICICI built on the service. First mover or fast-second - your market imperatives should determine your strategy. More

FINANCIAL PERFORMANCE

Syndicate Bank posts Rs 188-cr net in Q3
SYNDICATE Bank has registered a net profit of Rs 188 crore for the third quarter of the current financial year as against the loss of Rs 78 crore in the corresponding period of the previous financial year. Addressing presspersons at Manipal in ... More

HDFC net climbs 21 per cent in Q3 — Loan rate hike on cards
HOUSING Development Finance Corporation has reported a 20.53 per cent increase in net profit for the third quarter ended December 31, 2005. Net profit rose to Rs 284.52 crore, up from Rs. 236.05 crore reported for the corresponding quarter of ... More

South Indian Bank Q3 net dips
THE net profit of South Indian Bank has grown by 243 per cent to Rs 34.59 crore (Rs 10.07 crore) during the first nine months of the current fiscal. The net profit declined to Rs 20.65 crore (Rs 23.19 crore) for the third quarter ended ... More

Federal Bank Q3 net surges to Rs 72 cr
THE net profit of Federal Bank has grown by 190 per cent to Rs 174.48 crore (Rs 60.23 crore) for the nine-month period ending December 2005. The Board of the bank, which met yesterday, approved the financial results. Despite the fall in income ... More

Retail thrust lifts Dena Bank Q3 net
DENA BANK reported a net profit of Rs 83.18 crore for the quarter ended December 31, 2005, up 263 per cent from Rs 22.92 crore in the corresponding quarter last year. The surge in profits is due to growth in retail credit, agriculture financing ... More

GENERAL INSURANCE

Co-branded cover
(From left) Mr M.S. Kapur, Chairman and Managing Director, Vijaya Bank; Mr M. Ramaswamy, CMD, National Insurance Company Ltd; and Mr M.S. Aftab, Executive Director, Vijaya Bank, at the launch of `V-Arogya Bima Policy', a co-branded Health ... More

PRIVATE BANKS

Bank of Rajasthan okays 1:5 rights
BANK OF Rajasthan has reported net profit of Rs 9.6 crore for the quarter ended December 31, 2005, against Rs 7 crore in the year-ago quarter. The bank has also approved a rights issue in the ratio of 1:5 (one share against every five shares held ... More

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