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ICICI Bank net up 40 per cent
Mumbai: An increase in net interest income has helped ICICI Bank post a 40.6 per cent rise in net profit at Rs 401.40 crore for the second quarter ended September 30,2003, as compared with Rs 285.30 crore in the year-ago period. The net interest income increased 47 per cent to Rs 402 crore (Rs 307 crore).
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Bank Of Baroda Q2 net profit up 89 per cent
Mumbai: Bank of Baroda has recorded a 89.16 per cent jump in its net profit for the second quarter of the ongoing fiscal at Rs 259.56 crore as compared to Rs 137.22 crore in the corresponding period of last fiscal. Total income grew during the period to Rs 2,049.31 crore (Rs 1,907.97 crore).
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Corpn Bank H1 net up 25.1 Per cent
New Delhi: Corporation Bank today announced a 25.1 per cent jump in net profit to Rs 271.36 crore for the half-year ended September 30, compared to the previous year's corresponding figure of Rs 216.91 crore. Gross profit went up 18.9 per cent from Rs 412.68 crore to Rs 490.69 crore.
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Sundaram Finance Q2 net rises
Chennai: Sundaram Finance has reported a net profit of Rs 14.18 crore for the second quarter of the current year, compared to Rs 13.51 crore in the corresponding quarter of last year.
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PFC nets Rs 1,174-cr profit
New Delhi: Power Finance Corporation has recorded a net profit of Rs 1,174 crore for the first six months of current fiscal, a massive 127 per cent rise over the corresponding period last year.
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IndusInd Q2 net zooms 200 per cent
Mumbai: InduSind Bank has posted a 200 per cent jump in net profit for the second quarter ended September 30,2003, at Rs 76.23 crore, against Rs 25.38 crore in the corresponding period, the previous year.
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Travelex to Open Forex outlets in key cities
Mumbai: Travelex, the world's largest retail foreign exchange business entity, is all set to open forex outlets in eight major Indian cities, which include the four metros.
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domain-B : Indian business : News Review : 01 November 2003 : banking and finance