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Rupee falls further
Mumbai: The rupee depreciated against the dollar on Monday, closing at 44.8750/8850, lower than Friday's close at 44.84/85.

Forwards: In the forward market, the 12-month premium closed at 0.5 per cent (0.47) and the 6-month premium ended at 0.52 per cent (0.47).

G-Secs: The 7.37-9 year-2014 paper opened at Rs102.32 (7 per cent YTM) and closed at Rs102.22 (7.02 per cent YTM), lower than Friday's Rs102.29 (7 per cent YTM). The 10.25-16 year-2021 paper opened at Rs125.40 (7.47 per cent YTM) and closed at Rs125.39 (7.47 per cent YTM), down from Friday's closing at Rs125.45 (7.46 per cent YTM). The 7.38-10 year-2015 benchmark paper was dealt at Rs101.80 (7.12 per cent YTM).

Call rate: The call rate closed at 5-5.05 per cent.

Reverse Repo: In the one-day reverse repo auction, the Reserve Bank of India received and accepted 33 bids amounting to Rs17,205 crore.

CBLO market: There were 279 trades for Rs13,026.75 crore in the rate range of 4.85-5.05 per cent.
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Allahabad Bank Q2 profit flat at Rs168 crore
Mumbai: Allahabad Bank has reported an almost flat net profit for the second quarter at Rs168 crore.

Net income rose to Rs168 crore during the quarter ended September 30 from Rs165 crore a year earlier. The revenue rose to Rs1,064 crore from Rs971 crore.
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HDFC Bank Q2 net up 31.09 per cent at Rs199.64 crore
Mumbai: HDFC Bank has reported a 31.09 per cent rise in net profit of Rs199.64 crore for the quarter ended September 30, 2005 as compared to Rs152.29 crore in the year-ago period.

Total income has increased by 47.91 per cent to Rs1,283.05 crore for the second quarter from Rs867.42 crore in the same quarter in previous fiscal, the bank informed the BSE.
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General insurance segment shows 15 per cent in April-Aug
New Delhi: National Insurance, United Insurance and Reliance General reported a decline in business during April-August, though overall growth of general insurance industry was 15 per cent with premium income crossing Rs8,700 crore.

The growth in general insurance industry was pushed up by three private players - ICICI Lombard, Bajaj Allianz and Iffco-Tokio - who grew by over 60 per cent till August.

Mumbai-based United India continued to occupy the top slot with a market pie of 21.41 per cent by logging 10 per cent growth in premium income at Rs1,876 crore.

National Insurance and United India jointly climbed to the second slot by displacing Delhi-based Oriental Insurance, which had grabbed the slot in July from National Insurance.

National Insurance had a market share of 17.11 per cent with its premium income falling by five per cent at Rs1,499 crore.

Chennai-based United India's business fell by five per cent at Rs1,389 crore and had 17.11 per cent of the market. Oriental Insurance grew business by 11.62 per cent at Rs1,492 crore and had a market pie of 17.02 per cent.
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Federal Bank Q2 net at Rs54.16 crore
Mumbai: Kerala based Federal Bank has reported a 17-fold increase in net profit at Rs54.16 crore for the quarter ended September 30, 2005 as compared to Rs3.19 crore in the year-ago period.

Total income increased to Rs393.07 crore for the second quarter from Rs349.74 crore in the corresponding quarter in last fiscal, the bank informed the Bombay Stock Exchange.
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