Business Daily from THE HINDU group of publications
Friday, January 30, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, January 30, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING CREDIT MARKET: 18 banks have Rs 660-cr exposure to Satyam No need to worry much, says RBI official. Hyderabad, Jan. 29 Eighteen banks, which include both Indian and multi-national entities, have varying degrees of exposure to the crisis-ridden Satyam Computer Services. The information, gathered by the ... RBI & OTHER CENTRAL BANKS: World Bank to fund AP project for urban services Rs 1,544 scheme likely to be approved by March. Hyderabad, Jan. 29 The World Bank and Andhra Pradesh Government will take up a Rs 1544-crore project to bring about reforms in urban bodies and improve ... FINANCIAL PERFORMANCE: Bank of Baroda net rises 41% Mumbai, Jan. 29 Bank of Baroda recorded an increase of 41 per cent in net profit at Rs 708 crore for the quarter ended December 31, 2008, against Rs 501 crore in the corresponding period last ... SHORT TERM INSTRUMENTS: Call rates end flat IndianBanks have to report their cash balances to the central bank every fortnight and try to fund their needs in the first week itself, pushing call rates lower in the second week. The Reserve Bank of India said on Tuesday it will sell ... GOVT BONDS: Bond volumes lower The prices of the 8.24 per cent-2018 paper continued their downward trend as market participants looked to exit the paper. With the new 10-year paper being issued on Friday, players were looking to offload the 2018 paper, said a dealer with ... LIFE INSURANCE: SBI Life to expand in Kerala SBI Life Insurance Company Ltd, the second largest private life insurer in the country, has initiated steps to expand its presence in Kerala. The company has generated a new business premium of over Rs 250 crore from the State as on December ... TECHNOLOGY: Tap RTGS facility better, RBI urges banks Mumbai, Jan.29 The Reserve Bank of India has directed banks to popularise the usage of the Real Time Gross Settlement (RTGS) facility as it has found that despite the facility being extended to more than 53,000 bank branches across the ... FINANCIAL PERFORMANCE: Improved net interest income lifts Andhra Bank profit by 34% Hyderabad, Jan. 29 Andhra Bank’s net profit increased 33.7 per cent at Rs 212.58 crore in the quarter ended December 31, 2008 compared with Rs 159 crore in the corresponding quarter of the previous financial year. Driven by ...
FINANCIAL PERFORMANCE:
Dena Bank profit grows 39% on rise in net interest income
FINANCIAL PERFORMANCE:
Lakshmi Vilas Bank net increases to Rs 19 cr Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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