SBI profit more than doubles to Rs.3,751.56 crore
August 10th, 2012 - 4:13 pm ICT by IANS
Mumbai, Aug 10 (IANS) The country's largest lender State Bank of India (SBI) Friday said its net profit more than doubled to Rs.3,751.56 crore for the quarter ended June ... Read more...
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UCO Bank Q1 net profit jumps 24 percent
August 4th, 2012 - 10:41 pm ICT by IANS
Kolkata, Aug 4 (IANS) Public sector lender UCO Bank Saturday reported a jump of almost 24 percent in net profit for the quarter ended June 30, 2012 at Rs.3.62 billion ... Read more...
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United Bank Q1 net up by 31 percent
August 3rd, 2012 - 7:38 pm ICT by IANS
Kolkata, Aug 3 (IANS) State-run United Bank of India Friday reported a 31.28 percent jump in net profit to Rs.1.72 billion for the quarter ended June 30, 2012, from Rs.1.32 ... Read more...
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City Union Bank to raise Rs.250 crore through rights issue
August 3rd, 2012 - 6:03 pm ICT by IANS
Chennai, Aug 3 (IANS) City Union Bank will raise Rs.250 crore through a rights issue this year to meet its growing business needs and capital adequacy ratio (CAR), said a ... Read more...
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Allahabad Bank Q1 net profit jumps 23 percent
July 30th, 2012 - 6:01 pm ICT by IANS
Kolkata, July 30 (IANS) State-run Allahabad Bank Monday reported a 23 percent jump in net profit at Rs.5.14 billion in the quarter ended June 2012 from Rs 4.18 billion in ... Read more...
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Indian Bank posts 13 percent growth in net profit
July 23rd, 2012 - 11:38 pm ICT by IANS
Chennai, July 23 (IANS) A good system of recovering loans and increase in interest income enabled public sector Indian Bank to post around 13 percent growth in net profit for ... Read more...
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Small mistake can lead to long delays in tax refunds
July 23rd, 2012 - 6:16 pm ICT by IANS
New Delhi, July 23 (IANS) Tax payers should take precautions and avoid small mistakes while filing the returns as it usually leads to long delays in refunds, experts said.Delay in ... Read more...
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Allahabad Bank reports 55 percent rise in Q4 net profit
May 5th, 2012 - 10:47 pm ICT by IANS
Kolkata, May 5 (IANS) Backed by healthy growth in its core business, public sector lender Allahabad Bank Saturday reported a 55.36 percent growth in its net profit for the quarter ... Read more...
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Vijaya Bank net zooms 235 percent in Q4
April 30th, 2012 - 7:45 pm ICT by IANS
Bangalore, April 30 (IANS) State-run Vijaya Bank posted net profit of Rs.181 crore for the fourth quarter (January-March) of fiscal 2011-12, registering a whopping 235 percent jump from Rs.54 crore ... Read more...
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HDFC Bank Q4 profit up 30 percent
April 18th, 2012 - 3:40 pm ICT by IANS
Mumbai, April 18 (IANS) HDFC Bank, India's second-largest private lender, Wednesday reported a 30.4 percent increase in its net profit at Rs.1,453.1 crore for the quarter ended March 31, 2012, ... Read more...
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Chinese banks post record profits
February 19th, 2012 - 2:37 pm ICT by IANS
Beijing, Feb 19 (IANS) Chinese commercial banks have posted a record high net profit of 2.65 trillion yuan ($420.6 billion) in 2011, according to latest official data.Net profit in the ... Read more...
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UCO Bank might get capital infusion of Rs.2 billion
February 1st, 2012 - 11:54 pm ICT by IANS
Kolkata, Feb 1 (IANS) City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year."We might get some capital from ... Read more...
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UCO Bank’s Q3 net jumps 10 percent (Second Lead)
February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
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UCO Bank’s Q3 net jumps 10 percent (Lead)
February 1st, 2012 - 7:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
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UCO Bank’s Q3 net jumps 10 percent
February 1st, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
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United Bank of India’s Q3 net up by 38.5 percent
January 31st, 2012 - 9:12 pm ICT by IANS
Kolkata, Jan 31 (IANS) Public sector lender United Bank of India Tuesday reported a 38.5 percent jump in its net profit in the quarter ended Dec 31, 2011 to Rs.2.26 ... Read more...
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ICICI’s third quarter net profit up 20.25 percent
January 31st, 2012 - 4:02 pm ICT by IANS
Mumbai, Jan 31 (IANS) India's largest private lender ICICI Bank Tuesday reported a 20.2 percent rise in net profit for the quarter ending December at Rs.1,728.1 crore from Rs.1,437.02 crore ... Read more...
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Allahabad Bank’s Q3 net up by 34 percent
January 30th, 2012 - 9:57 pm ICT by IANS
Kolkata, Jan 30 (IANS) Public sector lender Allahabad Bank Monday reported a net profit of Rs.5.60 billion for the quarter ending Dec 31, 2011 against Rs.4.2 billion for the corresponding ... Read more...
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Indian Bank to convert Rs.400 crore preference shares to equity
January 30th, 2012 - 5:44 pm ICT by IANS
Chennai, Jan 30 (IANS) Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the ... Read more...
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IOB plans recovery of Rs.1,500 crore from sticky accounts (Lead)
January 28th, 2012 - 8:40 pm ICT by IANS
Chennai, Jan 28 (IANS) With its Q3 profits down by 53 percent due to restructuring of loan accounts and the resultant reduction in income, the government-owned Indian Overseas Bank (IOB) ... Read more...
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HDFC Bank third quarter net profit up 31.2 percent
January 19th, 2012 - 6:08 pm ICT by IANS
New Delhi, Jan 19 (IANS) India's second largest private lender, HDFC Bank, Thursday reported a 31.2 percent increase in its net profit at Rs.1,429 crore for the quarter ended Dec ... Read more...
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Allahabad Bank’s net up 21.22 pc in Q2
November 2nd, 2011 - 5:57 pm ICT by IANS
Kolkata, Nov 2 (IANS) Public sector lender Allahabad Bank Wednesday said it has registered a net profit of Rs.488.01 crore for the second quarter ended Sep 30, 2011, as against ... Read more...
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UCO Bank’s net up by 94.12 percent in Q2
October 31st, 2011 - 9:15 pm ICT by IANS
Kolkata, Oct 31 (IANS) Public sector lender UCO Bank Monday declared that it has posted a net profit of Rs.231 crore for the quarter ending Sep 30, against Rs.119 crore ... Read more...
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United Bank’s net up by 13.7 percent in Q2
October 31st, 2011 - 7:03 pm ICT by IANS
Kolkata, Oct 31 (IANS) The public sector United Bank of India Monday announced that its net profit rose to Rs.124.77 crore during the second quarter ended Sep 30 -- a ... Read more...
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HDFC Bank net profit up 31.48 percent
October 19th, 2011 - 5:50 pm ICT by IANS
Mumbai, Oct 19 (IANS) The country's second largest private lender, HDFC Bank, Wednesday reported a 31.48 percent increase in net profit at Rs.1,199.35 crore in the second quarter ended Sep ... Read more...
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Indian American doctor charged with hiding India accounts
September 29th, 2011 - 11:31 am ICT by IANS
Washington, Sep 29 (IANS) A Indian American neurosurgeon has been re-indicted by a US grand jury on new charges that he failed to declare an HSBC bank account in India ... Read more...
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City Union Bank to expand reach
July 30th, 2011 - 12:04 am ICT by IANS
Chennai, July 29 (IANS) The private City Union Bank (CUB) will be expanding its retail reach by setting up more branches and ATMs this fiscal, said the bank's managing director ... Read more...
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ICICI Bank Q1 profit up 30 percent
July 29th, 2011 - 5:43 pm ICT by IANS
Mumbai, July 29 (IANS) The country's second largest lender ICICI Bank said Friday its net profit rose by 30 percent to reach Rs.1,332 crore ($298 million) in the April-June period ... Read more...
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UCO Bank Q1 net profit up 12.42 percent
July 27th, 2011 - 9:47 pm ICT by IANS
Kolkata, July 27 (IANS) Public sector UCO Bank Wednesday reported a 12.42 percent year-on-year growth in its net profit for April-June 2011, which stood at Rs.292 crore.Total business of the ... Read more...
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Allahabad Bank profit up by 20.45 percent
July 22nd, 2011 - 10:53 pm ICT by IANS
Kolkata, July 22 (IANS) State-run Allahabad Bank has registered a growth of 20.45 percent in profits posting a net profit of Rs.418 crore for the quarter ending June 30, a ... Read more...
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HDFC Bank net profit rises 34 percent in first quarter
July 19th, 2011 - 4:36 pm ICT by IANS
Mumbai, July 19 (IANS) The country's second largest private lender, HDFC Bank Tuesday reported almost a 34 percent increase in net profit at Rs.1,085 crore in the first quarter ended ... Read more...
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No tax returns on salaries up to Rs.5 lakh
June 23rd, 2011 - 6:43 pm ICT by IANS
New Delhi, June 23 (IANS) Employees who earn up to Rs.5 lakh need not file income tax returns from assessment year 2011-12, an official statement said Thursday.The Central Board ... Read more...
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Syndicate Bank quarterly net up 72 percent
May 12th, 2011 - 9:46 pm ICT by IANS
Bangalore, May 12 (IANS) State-run Syndicate Bank Thursday reported net profit of Rs.289 crore for the fourth quarter of fiscal 2010-11, registering a whopping 72 percent increase year-on-year (YoY) from ... Read more...
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Canara Bank net up 79 percent in fourth quarter
May 5th, 2011 - 7:12 pm ICT by IANS
Bangalore, May 5 (IANS) Leading state-run Canara Bank posted net profit of Rs.899 crore for the fourth quarter (January-March) of fiscal 2010-11, registering a whopping 79 percent year-on-year (YoY) growth.For ... Read more...
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Allahabad Bank’s Q4 net profit up by 14.74 percent
May 2nd, 2011 - 7:33 pm ICT by IANS
Kolkata, May 2 (IANS) Public Sector Allahabad Bank Monday announced that its net profit increased to Rs.258 crore for the quarter ended March 2011 as against Rs.225 crore in the ... Read more...
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