Tuesday, July 29, 2014

Interest income lifts Bank of Baroda profit 17% in first quarter

Our Bureau | Mumbai, July 28  

Rs. 1,000 cr loans may be recast in Q2,says CMD »

Banks may raise lending rates to firms with un-hedged forex exposure

K Ram Kumar | Mumbai, July 28  

Intended to pressure companies to reduce such exposure, reduce banks’ provisioning »

Vijaya Bank Q1 net up 22% as interest income, advances rise

Our Bureau | Bangalore, July 28  

Vijaya Bank reported a 22 per cent rise in net profit for the June quarter on higher net interest income and advances. The Bangalore-headquartered mid-size public sector bank registered a net p... »

Builds on growth momentum, improves loan quality

Radhika Merwin | BL Research Bureau  

The 17 per cent profit growth recorded by Bank of Baroda (BoB) in the June quarter was aided by a healthy 15 per cent growth in net interest income.This is the third consecutive quar... »

Moody’s terms raising FII limit in G-Secs a positive step

Our Bureau | Mumbai, July 28  

Will help stabilise ‘domestic interest and currency rates’ »

Net interest income boosts SBM’s Q1 net 44%

Our Bureau | Banglore, July 28  

To raise Rs. 500 cr through rights issue this fiscal »

SBH Q1 net down 22.7%

Our Bureau | Hyderabad, July 28  

State Bank of Hyderabad’s net profit declined 22.7 per cent to Rs. 227 crore in the first quarter ended June 30, 2014, from Rs. 294 crore in the corresponding quarter of the previous financial... »

IOB net more than doubles in Q1

Our Bureau | Chennai, July 28  

Indian Overseas Bank has more than doubled its net profit for the quarter ended June 30, 2014, at Rs. 271.72 crore, from Rs. 124.79 crore reported for the comparable quarter in the previous yea... »

IIFL appoints new CEO

Mumbai, July 28  

India Infoline Finance Ltd has appointed Rajashree Nambiar as its Chief Executive Officer. Prior to joining IIFL, Nambiar was General Manager (Retail Banking Products, India and South Asia) at Stan... »

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