|
LIC
to take 10 pc stake in IFCI asset rejig co
Mumbai: Life Insurance Corporation of India (LIC)
would take a 10-per cent stake in Asset Care Enterprise,
the asset reconstruction company (ARC) set up by IFCI
Ltd.
Back
to News Review index page
SBI
Mutual plans to increase asset base
Mumbai: State Bank of India Mutual Fund plans to
increase its corpus of funds by Rs 2,600 crore to around
7,000 crore in a year's time.
Back
to News Review index page
Aviva
Life promoters infuse Rs 45-cr capital
Mumbai: In order to fuel its expansion plans, the
joint venture partners of Aviva Life Insurance Company
India (Aviva) -- Aviva Plc and the Dabur group -- have
infused Rs 45 crore fresh capital into the company taking
the total capital to Rs 255 crore.
Back
to News Review index page
South
Indian Bank’s net up 21 per cent to Rs 55 cr in April-Dec
Thrissur:The South Indian Bank has clocked a 21
per cent rise in net profit during the April-December
period of the current fiscal.
Back
to News Review index page
IFCI
revamp set to be over by March
New Delhi: The restructuring of IFCI Ltd may be
accomplished by March this year, since the creditor banks
have agreed to restructure liabilities worth Rs 7,000
crore.
Back
to News Review index page
BoR
net 129 per cent up at Rs 18.4 cr
New Delhi: The Bank of Rajasthan Ltd on Thursday
announced a 129 per cent jump in net profit to Rs 18.37
crore for the quarter ended December 31, 2002, compared
with Rs 8.01 crore registered in the corresponding period
previous fiscal.
Back
to News Review index page
Aviva
Life gets into pensions
Mumbai: Aviva Life Insurance on Thursday announced
the launch of two new individual products PensionPlus,
a regular savings personal pension plan, and Secure Life,
a term insurance with premium back plan.
Back
to News Review index page
IDBI
Bank launches fund management product
Mumbai: IDBI Bank has launched a fund management product,
which is a technology-enabled solution for managing corporate
payables.
Back
to News Review index page
Good
response to Central Bank adalat
Coimbatore: Central Bank of India received an overwhelming
response to the exclusive Lok Adalat conducted here on
Tuesday. The bank was able to recover Rs 2.45 lakh in
cash and reach a compromise to the tune of Rs13.48 lakh
on a single day.
Back
to News Review index page
Bajaj
Allianz, KVB to sign pact today
Karur: Karur Vysya Bank would enter into an arrangement
with Bajaj Allianz General Insurance Company Ltd on Friday
for the sale of general insurance products.
Back
to News Review index page
|
