IDBI Bank unveils preferred customer banking facility
Kolkata: IDBI Bank Ltd on Monday launched its preferred customer banking facility in Kolkata.
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ICICI Bank slashes rates on Deposits
Mumbai: ICICI Bank on Monday announced reduction in interest rates on retail deposits by 25 basis points across various maturities. The cut is effective from January 22, 2003.
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Irda cautions insurance sector against asset-liability mismatches
New Delhi: Insurance companies must guard against asset-liability mismatch in the present falling interest rate scenario and lack of long-term rated paper, according to the Irda.
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Corpn Bank Q3 net vaults to Rs 152 crore
Mangalore: Corporation Bank has posted a 66 per cent jump in its net profit for the quarter ended December 2002 at Rs 151.81 crore, on a total income of Rs 693.14 crore, which is 15.12 per cent higher compared with the same quarter of the previous fiscal.
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Dhanalakshmi Bank net rises 36 pc in third quarter
Thrissur: The net profit of the Thrissur-based Dhanalakshmi Bank has grown by over 36 per cent to touch Rs 4.45 crore (Rs 3.27 crore) for the quarter ended December 2002. The gross profit rose close to 75 per cent to Rs 20.46 crore (Rs 11.71 crore) in the same period.
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Federal Bank staff plan strike
Kochi: The Federal Bank Employees Union has decided to go on a two-day nationwide strike on March 4-5 for achieving various demands.
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Interest boosts Canara Bank Q3 net
Mumbai: Canara Bank has declared a net profit of Rs 292 crore for the third quarter, a 4 per cent increase over the second quarter's Rs 281 crore, and an 83 per cent increase over the corresponding period in the previous year.
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