NHB settlement saddles StanChart with Rs 393-cr loss
Mumbai: Standard Chartered Grindlays Bank on Friday announced a net loss of Rs 393.2 crore despite posting a five per cent jump in profit before tax to Rs 257.6 crore for the fiscal year 2001-02.
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Centurion gets breather for preparing balance sheet
Mumbai: Centurion Bank has received an extension of three months for publishing its annual results for the fiscal 2001-02 from the Reserve Bank of India.
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Bank Muscat PAT declines to Rs 0.66 crore
Bangalore: Bank Muscat has registered a steep fall in profit after tax touching Rs 0.66 crore in the fiscal ending 31 March 2002 as against the Rs 2.12 crore in the previous year.
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Home banking looks the future way
Different strokes for different folks, they say. Banking is soon to live up to it. The interest rates on fixed deposits, loans, savings bank accounts and other banking services could vary in the future if you bank through the Internet or phone.
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StanChart Grindlays records Rs 393-cr net loss
Mumbai: A massive one-time charge of Rs 506.5 crore on account of the out-of-court settlement reached with the National Housing Bank has pushed Standard Chartered Grindlays Bank into the red. It has recorded a Rs 393-crore net loss.
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