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UTI
Bank Q3 net up 44 per cent
Mumbai: UTI Bank on Thursday announced a 44 per
cent jump in net profit to Rs 51.50 crore for the third
quarter-ended December 31, 2002 as compared to
Rs 35.76 crore for the corresponding quarter in the previous
fiscal.
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RBI
notifies norms for PDs trading G-Secs on bourses
Mumbai: The Reserve Bank of India has notified
operational guidelines for primary dealers for trading
in Government securities on the stock exchanges.
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Icra
unveils SVG rating for corporates
New Delhi: Credit rating agency Icra Limited has
launched the first ever combined rating of stakeholder
value creation and governance practices for companies
in India. Godrej Consumer Products Ltd is the first company
to be given such a rating.
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HDFC
Standard Life expects to cross Rs 100-crore mark this
fiscal
Mumbai: HDFC Standard Life Insurance is expecting
to cross the Rs 100-crore premium business mark during
the current fiscal. The country’s first private life
insurance company has made business of Rs 36 crore in
2001-02.
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GTB
proposes pref/rights issue
Hyderabad: Global Trust Bank Ltd (GTB) is planning
to raise further capital under tier-I category to strengthen
its capital to risk assets ratio (CRAR) and, in turn,
for future growth.
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Oh
debt, where is thy sting...
Mumbai: The country's external debt has topped
the $100-billion mark and as of end-June 2002 stands at
$ 101.3 billion, a rise of $ 3.1 billion or 3.2 per cent
over $ 98.2 billion at end-March 2002.
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ICICI
Info solution for Lakshmi Vilas
Bangalore: ICICI Infotech announced that Lakshmi
Vilas Bank has chosen its core banking solution, Newton,
to be deployed across all branches.
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LVB
cuts rate for deposits
Bangalore: Lakshmi Vilas Bank has slashed the interest
rate both for domestic and NRE deposits by 0.25 per cent
for periods above 271 and 364 days maturity slab. The
change has been effected from January 16.
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ICICI
Bank opens ATMs with Telugu facility
Mumbai: ICICI Bank has announced the launch of
Telugu language automated teller machines (ATMs) here
on Thursday. With this, the ICICI Bank customers in Andhra
Pradesh would have the option of three languages for doing
ATM transactions, Telugu, Hindi and English.
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