|
SBI
Q3 net up 28 per cent to Rs 787 cr
The State Bank of India on Wednesday said its net profit
rose 28 per cent to Rs 787.05 crore in the quarter ended
December 31, 2002, up from Rs 6138.90 crore in the corresponding
period of the previous year.
Back
to News Review index page
RBI
allows OTS for chronic NPAs up to Rs 10 crore
Mumbai: The Reserve Bank has issued guidelines
for compromise settlement of chronic non-performing assets
of public sector banks with an enhanced limit of up to
Rs 10 crore.
Back
to News Review index page
BoB
quarterly net up 61 per cent at Rs 254 cr
Mumbai: Bank of Baroda on Wedn-esday anno-unced
a rise of 60.87 per cent in its net profit during the
quarter ended December 31, 2002 to Rs 254.38 crore from
Rs 158.13 crore during the corresponding period of the
last fiscal.
Back
to News Review index page
Allahabad
Bank quarterly net zooms 457 per cent
Chennai: Allahabad Bank on Wednesday reported a
net profit of Rs 46 crore for the three-month period to
December 31, 2002, an increase of 457 per cent on the
figure for the same period of the previous financial year.
Back
to News Review index page
PNB
gears up for NBL takeover
New Delhi: Punjab National Bank on Wednesday set
its Nedungadi Bank takeover formalities rolling at the
Kozhikode-head office of NBL, even as there was no sign
of the bank merger notification from the Reserve Bank
of India.
Back
to News Review index page
SHCIL
mulls foray into merchandising
Mumbai: Stock Holding Corporation of India Ltd
(SHCIL) is considering a foray into merchandising as one
of its new business areas as part of a three-pronged strategy
to diversify its operations.
Back
to News Review index page
Max
NY Life expects premium income to treble
Mumbai: Max New York Life Insurance Company expects
its premium income for the current year to be about three
times that of last year. Last year, the company earned
a premium income of about Rs 38 crore.
Back
to News Review index page
C-D
ratio of banks at 57 pc
Mumbai: Public sector banks as a group accounted
for 50.6 per cent of the aggregate deposits of scheduled
commercial banks, while State Bank of India and its associates
accounted for 24 per cent, as on the last Friday of September
2002.
Back
to News Review index page
|
