bank profits

RBI cuts SLR by 1 percent

July 31st, 2012 - 5:24 pm ICT by IANS
New Delhi, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday announced a reduction in the statutory liquidity ratio (SLR) from 24 percent to 23 percent with effect from ... Read more...

Posted in Business |

Emirates Islamic Bank profits up

May 2nd, 2012 - 1:04 am ICT by IANS
Dubai, May 1 (IANS/WAM) The Emirates Islamic Bank announced Tuesday that its operating profits rose to 138 million dirhams (about $16 million) at the close of the first quarter of ... Read more...

Posted in Business |

G-20 fails to agree on global bank tax, financial reforms

April 24th, 2010 - 1:12 pm ICT by IANS
By Arun Kumar Washington, April 24 (IANS) Finance ministers of the world's 20 leading economies, including India, have failed to agree on a controversial proposal for a global tax on banks or ... Read more...

Posted in Business |

Treasury losses hit Syndicate Bank profits by 60 percent

July 29th, 2008 - 9:26 pm ICT by IANS
Bangalore, July 29 (IANS) A loss of Rs 2.61 billion from treasury operations has lowered the net profit of Syndicate Bank by a whopping 60 percent for the April-June first quarter of ... Read more...

Posted in Business |

US stocks drop on worsening outlook for banks, industry

March 27th, 2008 - 5:13 am ICT by admin
DPA New York, March 27 (DPA) US stocks declined Wednesday amid increasingly gloomy forecasts on bank profits and a drop in demand for durable goods. Financial stocks retreated after an Oppenheimer & Co ... Read more...

Posted in Business |