The Hindu Business Line : Monday, June 02, 2008

FINANCIAL PERFORMANCE
Catholic Syrian Bank net rises 92%
Kochi, June 1 The net profit of Catholic Syrian Bank has grown by 92 per cent to Rs 36.56 crore (Rs 19.07 crore) for the year 2007-08. While adopting the audited accounts, the board recommended a 30 per cent dividend to the shareholders. This ... More

DEBT MARKET
Yields continue northward march on inflation woes, tight liquidity
Relaxing external borrowings policy may not impact liquidity More

PRIVATE BANKS
Tie-up for e-commerce service
Karnataka Bank Ltd has signed an agreement with Indiaideas.com (Billdesk) for payment gateway services. A payment gateway is an e-commerce service through a service provider (Billdesk), who would provide a platform for payments of e-businesses, ... More

TRADE & LABOUR UNIONS
Insurance employees urge LIC, GIC to hike wages
Kakinada, June 1 The All-India Insurance Employees’ Association has urged Life Insurance Corporation and General Insurance Corporation to commence negotiations on wage hike, due since August 2007, and effect a 40 per cent ... More

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