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Sunday, January 21, 2007
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MONEY & BANKING

FINANCIAL PERFORMANCE
ICICI Bank Q3 net up 42%
Higher interest income and rise in fee-based revenue drive profits More

PRIVATE BANKS
ICICI Bank: Higher volumes drive growth
A combination of higher volumes in retail loans (housing, cars, personal) and good treasury income has pushed the third quarter profits of ICICI Bank up by a whopping 42 per cent. Its two closest competitors in the private banking arena, HDFC ... More

PUBLIC SECTOR BANKS
Going public
CENTENARY SPECIAL: Mr M.S. Sundara Rajan, Executive Director, Indian Bank, announcing the bank's IPO at a press conference in Chennai on Saturday.

More

FIXED DEPOSITS
SBI launches Platinum Account; hikes deposit rates
State Bank of India has introduced a new term deposit product carrying an interest rate of 9 per cent per annum compounded quarterly. The `SBI Platinum Account', as it is called, will be available from January 22, and is for a maximum period ... More

Karnataka Bank's new deposit scheme
Karnataka Bank Ltd has launched a new term deposit scheme for 450 days carrying interest of 8.50 per cent per annum. A bank release said here that the scheme would be effective from January 22. This scheme is in addition to the existing ... More

Andhra Bank hikes deposit rates
Andhra Bank has upwardly revised rates of interest on domestic term deposits with effect from January 19, 2007. These rates would be applicable to the Bank's Tax Saver Schemes also. In the case of Senior Citizens, the rate of interest would be ... More

IPOS
Price band for Indian Bank IPO at Rs 77-91
Subscription from Feb 5-9 More






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