|
HDFC
Bank Q4 net seen up 25 per cent on retail boom
Mumbai: HDFC Bank, the country’s No. 2 private
bank, will report a 25 per cent jump in quarterly earnings
on Tuesday on strong growth in retail loans, the average
of a Reuters survey of four brokerages showed.
Back
to News Review index page
ICICI
Bank to open 8 new branches, 35 ATMs in Gujarat
Mumbai: ICICI Bank Ltd will open eight new branches
in Gujarat, including two in Ahmedabad, and set up additional
35 ATMs in the state over the next few months.
Back
to News Review index page
SBI
clocks 50 pc growth in housing loan portfolio - Outstanding
at Rs 11,729 cr as on Feb
Mumbai: State Bank of India, one of the top three
lenders to the housing sector, has clocked a growth rate
close to 50 per cent in its housing loan portfolio in
the fiscal ended March 2003. As on February, SBI's total
housing loan outstanding stood at Rs 11,729 crore as against
Rs 8,200 crore at the the end of March 2002, registering
an increase of 43 per cent.
Back
to News Review index page
ING
Vysya unveils 3 new products
Mumbai: ING Vysya Life has launched three new endowment
products called `Powering life - Limited payment endowment
plan', `Creating life - Child protection plan' and `Reassuring
life - Endowment plan with reversionary bonus'.
Back
to News Review index page
SBI
plans to fund rural Net kiosks
Coimbatore: In a bid to bring the world to the
doorstep of rural folk, the State Bank of India (SBI)
has chalked out a mega plan to extend financial assistance
to rural Internet kiosks. The bank proposes to finance
at least 500 kiosks at 25 centres in each identified district
during the 2003-04 fiscal.
Back
to News Review index page
IndusInd
Bank shelves `NPA take-out' plan
Mumbai: IndusInd Bank Ltd has shelved its plan
to take out the non-performing assets (NPAs) of financial
institutions and commercial banks through a separate entity
for the time being, the Executive Vice-President, N. Suresh
Pai, said.
Back
to News Review index page
Finmin
in talks with PNB for takeover of IFCI
Mumbai: The government has turned its attention
on Punjab National Bank as a possible acquirer of the
troubled financial institution, IFCI.
Back
to News Review index page
|
