Business Daily from THE HINDU group of publications
Tuesday, July 29, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, July 29, 2008 ePaper | Mobile/PDA Version | Audio |
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MONEY & BANKING FINANCIAL PERFORMANCE: Bank of India net surges 78% on core operations, NPA management Mumbai, July 28 While several public sector banks reported flat growth in profit and some even losses, Mumbai-based Bank of India’s net profit surged by 78 per cent to Rs 562 crore in the quarter ended June 30, 2008, against Rs 315 crore ... FINANCIAL POLICY: Market stabilisation scheme not needed now? Bankers see case for discontinuing it as FII flows slow. Bangalore, July 28 Faced with a tight liquidity situation banks, both public and private, have begun pushing for discontinuing the market stabilisation scheme ... FINANCIAL SERVICES: Australian financial sector keen to expand in India New Delhi, July 28 Australian financial services companies have chalked out plans to expand their business with India. They are pinning hopes on the proposed Free Trade Agreement (FTA), as also on the Indian Government undertaking bold reforms ... FINANCIAL PERFORMANCE: HDFC Bank net rises to Rs 464 cr Mumbai, July 28 HDFC Bank has reported a net profit of Rs 464.4 crore in the first quarter of the fiscal. This is a 44 per cent increase against Rs 321 crore in the corresponding quarter of the previous ... OVERSEAS INVESTMENTS: IOB plans bank in Malaysia with 2 PSBs Net dips 4% in Q1. Chennai, July 28 Indian Overseas Bank plans to float an overseas bank in Malaysia jointly with Andhra Bank and Bank of Baroda, according to Mr. S.A. Bhat, Chairman and Managing Director, ... FINANCIAL PERFORMANCE: Dena Bank posts 23-pc rise in net Thiruvananthapuram, July 28 Dena Bank has recorded a rise of 22.89 per cent in net profit to Rs 68.30 crore during the first quarter as per unaudited financial results released on Monday. ... CREDIT MARKET: Rs 1,192-cr credit outlay envisaged for Virudhunagar The annual credit plan for Virudhunagar district envisages a credit outlay of Rs 1,191.53 crore for ... FINANCIAL PERFORMANCE: Kotak Mahindra Bank Q1 net rises 14% Mumbai, July 28 Buoyed by a growth in interest income, Kotak Mahindra Bank’s net profit increased by 14 per cent to Rs 54.53 crore in the first quarter of 2008-09, against Rs 47.67 crore in the corresponding quarter the previous ...
FINANCIAL PERFORMANCE:
Dhanalakshmi Bank Q1 net profit up 57% Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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