Financial Daily from THE HINDU group of publications
Saturday, January 28, 2006
Forex Rates
Forex Trends Euro |USD |Forex Report |



Group Sites



Forex reserves down $66 m
FOREIGN exchange reserves fell by $66 million, due to the euro gaining in value against the dollar in the currency basket. According to the Reserve Bank of India's Weekly Statistical Supplement, foreign exchange reserves touched $139.444 ... More

Rupee moves up; bond prices fall
MUMBAI: The rupee slightly gained against the dollar on Friday, buoyed by the surge in the domestic stock market. The rupee opened at 44.25 and touched an intra-day low of 44.31. It then climbed up to 44.10 and finally closed at ... More


Karur Vysya Bank net up at Rs 26 cr
KARUR Vysya Bank has clocked a net profit of Rs 25.86 crore for the quarter ended December 31, 2005, posting a 24.81-per cent growth over the same period last year. Total interest income rose to Rs 163.78 crore (Rs 146.97 crore). Interest on ... More

Andhra Bank Q3 net up 6 pc at Rs 129 crore
ANDHRA Bank has reported a 52.48-per cent growth in net profit from core banking operations (excluding profit on sale of investments) at Rs 108.49 crore during the third quarter ended December 2005, compared with Rs 71.15 crore in the same ... More

BoB net jumps to Rs 202.1 cr
BANK of Baroda has posted 190.9 per cent higher net profit at Rs 202.18 crore for the quarter ended December 31, 2005 against Rs 69.5 crore in the year ago quarter. Total income was Rs 2,047.66 crore (Rs 1,876.6 crore). Net interest income was ... More

LIC Housing Q3 net rises 40%
LIC Housing Finance Ltd's net profit for the third quarter ended December 31, 2005 has grown by 40 per cent, to Rs 58.65 crore, from Rs 42 crore for the corresponding quarter of the previous fiscal. Total income for the quarter rose by 19 per ... More


DBS nominees on board — Chola DBS aims to diversify portfolio
CHOLAMANDALAM DBS Finance Ltd, which is how Cholamandalam Finance and Investment Company will be renamed, aims to diversify its portfolio with the support of the new collaborators, DBS Bank of Singapore. Two products were specifically ... More


IFC keen to boost rupee lending
IFC has, so far, not floated any bonds in the domestic market for meeting the rupee funding requirements. More


Federal Bank raises $71.46 m via GDR
FEDERAL Bank has raised $71.46 million through a GDR issue. The transaction, which involved the issue of 18 million Global Depository Receipts, has not taken into consideration the possibility of over-allotment option, extending up to an ... More

  • ICICI Bank Udumalpet branch relocated


    Bombay HC stays Ganesh Bank-Federal Bank merger
    In its order, the court observed: "It is not known as to how any such scheme (scheme of amalgamation) was drawn within such a short time and how it was accepted on January 9, 2006 and a proposal was given." More


    Bank unions call for strike on March 9
    THE United Forum of Bank Unions, consisting of nine unions in the banking industry, has called for a token strike on March 9 demanding restoration of compassionate appointments in banks and granting one more option to the employees to join the ... More

    Comments & Letters to the Editor to:
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Men & women react differently to ads: Study

    Forex reserves down $66 m

    Chidambaram says 10 pc GDP growth possible

    Chilli output seen lower on damage by rains

    India, Saudi Arabia sign strategic energy pact — Long-term contracts planned for crude supplies

    In Focus

    Auto Expo 2006
    IPO Scams
    FDI in retail sector
    Dynamic Tirupur
    Surging Sensex
    Gold scaling new highs

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk

    Looking back
    Jan. 15-Jan. 21
    IMD funds from Gulf may move into mutual funds

    US-Iran stand-off, credit demand impact liquidity

    `Derivatives segment growing fast'

    Talks on renewal of treaties hit rough patch — No discounts, say reinsurers

    Committee asks SEBI to place depositories, DPs on high alert — Bank of Baroda, Andhra Bank follow-on offers

    `RTGS transactions to be free only till March 31'

    Indian holdings of US treasuries up $400 m in Nov

    Bank credit rises by Rs 20,771 cr

    Banks turn to Nabard, SIDBI, NHB for funds

    Forex reserves up $158 million


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line