MONEY & BANKING
FOREX
Powerloom cloth exporters seek dual exchange rate
Coimbatore, Oct. 27 Powerloom cloth exporters who met under the banner of the Powerloom Devlopment and Export Promotion Council (PDEXCIL) in Erode have sought a dual exchange rate system – one for exporters and the other for importers ...
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FINANCIAL PERFORMANCE
IndusInd Bank net jumps on higher yield on advances
Mumbai, Oct. 27 Backed by a higher net interest income from good yield on advances, IndusInd Bank has posted 30.03 per cent higher net profit at Rs 22.34 crore for the quarter ended September 30, 2007, against Rs 17.18 crore during the ...
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Dena Bank Q2 profit rises 34%
Mumbai, Oct. 27 Dena Bank has reported a 34 per cent increase in net profit at Rs 92.15 crore for the quarter ended September 30, 2007, against Rs 68.75 crore in the previous year, buoyed by higher income.Total income for the quarter ...
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HOUSING FINANCE
Bank of Maharashtra drops housing loan rates
Pune, Oct. 27 Bank of Maharashtra has reduced the rates of interest on its housing loan segment by 25 basis points with effect from October 25. Processing fee on its retail segment for housing, vehicle, consumer and personal loans has ...
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PRIVATE BANKS
ING Vysya Bank aims high in wealth management
Eyes $1.5 b assets of high networth individuals
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