MONEY & BANKING
OVERSEAS BORROWINGS
ICICI Bank raises £ 350 m in the sterling market
`Deal generated good investor response'
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FOREX
Gold slips in forward market on rupee's gains
No benefit to customers as jewellery prices rule steady on demand
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FINANCIAL PERFORMANCE
SBI Q4 results a surprise
Against the backdrop of a 30 per cent plus growth in profits of other public sector banks, a 3 per cent growth in profits by SBI for the current fiscal may seem a bit disappointing. However, this performance has to be seen in the context of the ...
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Bajaj Allianz General Insurance full-year net rises 46%
Bajaj Allianz General Insurance Company has reported a 46 per cent growth in net profit in 2006-07 at Rs 76 crore against Rs 52 crore in the previous year. The company's profit before tax jumped to Rs 117 crore against Rs 82 crore in the ...
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INTEREST RATES
Rates more or less peaked; no real scope for weakening: Chairman
State Bank of India is of the view that interest rates have more or less peaked but there is no real scope for weakening of rates in the next six months or so. The bank, which feels that rates have almost stabilised for the time being, will ...
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DIVERSIFICATION
SBI plans foray into pvt equity, general insurance
Eyeing financial planning & wealth management; keen on pension fund management
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BONUS ANNOUNCEMENTS
Bank of Rajasthan bonus issue
The Bank of Rajasthan Ltd has announced a bonus issue in the ratio of 1:4. In a notification to the NSE, the bank has said that the board at a meeting held on May 12, has recommended a 20 per cent dividend to shareholders for ...
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