Kalam is NDAs candidate for President
New Delhi: A Bharat Ratna and architect of Indias indigenous missile programme, A P J Abdul Kalam will be the ruling National Democratic Alliance candidate for President of the India.
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Return on main income of 14 private banks at 12.8%
Mumbai: Return on main income of 14 private sector banks increased during 2001-02 as against the previous level in the corresponding period last year, indicating an improvement in the performance of the private sector banks.
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RBI asks banks to step up security
Mumbai: The Reserve Bank of India has asked banks to beef up their security systems, and asked them to take appropriate precautions.
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Interest profits up in mid-size banks
Mumbai: A number of medium-sized public sector banks have been attracting market interest in recent times. According to analysts, a number of small banks had netted sizable profits last year by trading in G-Secs.
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E&Y, KPMG likely to get local licences
Mumbai: Global accountancy and audit firms such as Ernst & Young and KPMG will soon be eligible for licences in India.
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