Syndicate Bank to introduce centralised banking facility
Mangalore: The Chairman and Managing Director of Syndicate Bank, Mr Michael Bastian, has said that centralised banking solutions would be introduced in 180 branches of the bank by March next.
Back to News Review index page  

KVB net jumps 82 per cent in Q2
Coimbatore: Karur Vysya Bank's net profit has jumped by 82 per cent to Rs 45.36 crore for the quarter ended September 2003 as against Rs 24.90 crore registered during the corresponding quarter of the earlier fiscal.
Back to News Review index page  

ING Vysya Life launches special services for NRIs
Kochi: ING Vysya Life has chalked out special services by setting up guidelines for them to buy life insurance plans from the company, Mr Yvo Metzelaar, Managing Director and CEO, said.
Back to News Review index page  

Royal Sundaram nets Rs 5 crore
Chennai: Royal Sundaram Alliance Insurance Company has made a net profit of Rs 5 crore so far this year. The company has earned premium income of about Rs 150 crore and expects to close the year with a premium income of Rs 300 crore, the company's Managing Director, Mr Micky Brigg said here on Thursday.
Back to News Review index page  

Federal Bank ties up with ECGC for insurance
Kochi: The Aluva-based Federal Bank has tied up with ECGC in a corporate agency arrangement to sell insurance cover through the bank's branches. The MoU was signed between Mr K.P. Padmakumar, Chairman of the bank and Mr S. Prabhakaran, Executive Director of ECGC in Kochi in Kochi.
Back to News Review index page  

Moody's upgrades Union Bank rating
Mumbai: The international credit rating agency, Moody's Investors Service, has upgraded the financial strength rating of Union Bank of India to `D-' from `E+'.
Back to News Review index page