Financial Daily from THE HINDU group of publications
Friday, July 26, 2002
| Forex Rates July 25 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Friday, July 26, 2002 |
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MONEY & BANKING FOREX Re steady; securities up Mumbai: THE rupee closed steady on Thursday at 48.68/6850 against the dollar in a lacklustre forex market, almost unchanged from Wednesday's level. Forex dealers said that demand and supplies remained evenly matched for most of the day, with ... More INFORMATION TECHNOLOGY SBI Institute plans tie-up with varsities THE State Bank Institute of Information and Communication Management (SBIICM), incorporated by the State Bank of India here for promoting training of the bank's staff in information technology, is ramping up its operations to meet the large scale ... More HOUSING FINANCE 
HDFC net rises 20 pc on higher incomeHDFC Ltd. has reported a 20 per cent increase in net profit at Rs 137.3 crore for the first quarter ended June 30, 2002 against Rs 114.06 crore during the corresponding quarter of the previous financial year. Income from operations rose 11 per ... More LIFE INSURANCE AMP Sanmar aims at 30,000 policies this year AMP Sanmar Assurance Company Ltd, which began selling operations four months ago, expects to sell around 30,000 policies this year, the company's Chief Executive Officer, Mr Sankara V Mony, said at a press conference here today. The company ... More CREDIT RATING PRIVATE BANKS GTB extends mobile banking CUSTOMERS of Global Trust Bank and BPL Mobile in Coimbatore, Madurai and Tiruchi will now be able to access their banking and shares demat accounts through their cell phone with the introduction of `Intouch' mobile banking facility. According ... More PUBLIC SECTOR BANKS 
IOB net rises 21.51% at Rs 72.96 croreINDIAN Overseas Bank (IOB) has recorded a net profit of Rs 72.96 crore for the quarter ended June 2002, a 21.51 per cent increase over the Rs 60.04 crore net during the corresponding period in the previous year. Announcing the unaudited first ... More
Corpn Bank sets up risk management mechanism
UBI reward points for performing accounts
SBM net up at Rs 23 cr in Q1 NON-PERFORMING ASSETS 
`Securitisation Ordinance, step in right direction'MR M.S. Verma, former Chairman, State Bank of India (SBI), and currently Chairman, TRAI and the working group on Restructuring Weak Public Sector Banks, has said that there is no need for making a distinction between wilful and non-wilful ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jul. 14-Jul. 20 India Inc fears `harsh' steps in ordinance SBI Life to target account holders PSU insurers change accounting norms Bank union releases list of defaulters in AP — NPAs account for Rs 4,796 cr Private banks beware, big brother is watching Bank defaults mount to Rs 80,246 cr: AIBEA `We're quite strong, but we'll have to watch out' — Mr A. Ramamurthy, current-in-charge and Managing Director, LIC Banks likely to resume power sector funding |
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