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Sunday, April 30, 2006
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MONEY & BANKING

FOREX

Forex reserves rise $2 b on RBI mop-up
The country's forex reserves have surged by about $2 billion due to the revaluation effect as well as dollar mop-up by the Reserve Bank of India. According to the RBI's Weekly Statistical Supplement, the reserves rose by $2.066 billion to ... More

FINANCIAL PERFORMANCE

OBC full-year net declines 23 pc
Q4 profit marginally up; board declares 45 pc dividend More

ICICI Bank net up 29%
Earnings from sale of investments help improve bottomline More

ICICI Bank subsidiaries post higher profit
Life insurance arm reports 72% growth in new business More

SBT posts improved net, declares 100% dividend
State Bank of Travancore (SBT) has booked a higher net profit of Rs 258.68 crore during the year ended March 31 as against Rs 247.13 crore during the last fiscal. The Board of Directors has declared a dividend of 100 per cent, up from the 75 ... More

PUBLIC SECTOR BANKS

SBI hikes lending, deposit rates
Home loans dearer; Punjab National Bank, OBC, Union Bank raise PLR More

INTEREST RATES

Indian Bank, IOB to decide on rate revision soon
Indian Bank and Indian Overseas Bank will be taking a call on whether to raise deposit rates as well as home loan rates shortly. Dr K.C. Chakrabarty, Chairman and Managing Director, Indian Bank, said that the Asset Liability Management ... More

FIXED DEPOSITS

Karnataka Bank hikes term deposit rates
Introduces maturity slab of 5 years & above More

PEOPLE

R.S.Reddy is Union Bank of India's new ED
The Union Bank of India has a new Executive Director in Mr R.S.Reddy. Prior to his appointment as ED, Mr Reddy was General manager in Bank of India. Mr Reddy would join UBI from May 1. He has 32 years of experience as a ... More
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Top Stories
Indian Bank, IOB to decide on rate revision soon

Forex reserves rise $2 b on RBI mop-up
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In Depth
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Looking back
Apr. 23-Apr. 29
SIDBI, Nabard credit arrangement is `cosmetic tinkering'
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Reliance Capital Q4 net rises seven-fold
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IOB net up 30 pc in Q4
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Bank of India Q4 net zooms on higher income
More than system inadequacy

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